PROSHARES TRUST IIPROSHARES TRUST IIPROSHARES TRUST II

PROSHARES TRUST II

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Key stats


Assets under management (AUM)
‪356.01 M‬USD
Fund flows (1Y)
‪507.72 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.07%
Shares outstanding
‪15.63 M‬
Expense ratio
0.95%

About PROSHARES TRUST II


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Oct 4, 2011
Structure
Commodities Pool
Index tracked
Bloomberg Natural Gas
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
KOLD provides two times the inverse exposure to the performance of a futures contract on natural gas for one day. The fund is therefore designed to be used as a tactical trading tool, to be held for no longer than one day. Investors using it as a buy-and-hold investment will be subject to the effects of compounding, which can and often will cause the fund to drift from its promised -2x exposure over longer holding periods. The fund's index weights contracts by both by liquidity (2/3) and US dollar-weighted production (1/3). It follows a pre-determined roll schedule, which rolls the expiring contracts into contracts that are about two months out. Investors should take note its trading costs rather than its holding costs, given its short-term nature.

Classification


Asset Class
Commodities
Category
Energy
Focus
Natural gas
Niche
Extended term
Strategy
Extended term
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KOLD trades at 24.00 USD today, its price has risen 3.67% in the past 24 hours. Track more dynamics on KOLD price chart.
KOLD net asset value is 24.35 today — it's fallen 22.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KOLD assets under management is ‪356.01 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
and its yearly performance shows a −40.39% decrease. See more dynamics on KOLD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −22.06% over the last month, showed a 7.86% increase in three-month performance and has decreased by −47.52% in a year.
KOLD fund flows account for ‪1.86 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KOLD invests in cash. See more details in our Analysis section.
KOLD expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
KOLD is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, KOLD doesn't pay dividends to its holders.
KOLD trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KOLD shares are issued by ProShare Advisors LLC
KOLD follows the Bloomberg Natural Gas. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 4, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.