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ProShares UltraShort Financials Stock Quote & Summary Data

(ETF)
SKF 
$16.966
*  
0.314
 negative 
1.82%
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*Delayed - data as of Apr. 16, 2014 


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Description

ProShares UltraShort Financials seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index. The Index measures the performance of the financial services industry of the U.S. equity market. Component companies include regional banks; major U.S. domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies such as Fannie Mae, credit card issuers, check cashing companies, mortgage lenders and investment advisors; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges. The Fund will typically concentrate its investments in issuers of one or more particular industries to the same extent that its underlying index is so concentrated and to the extent permitted by applicable regulatory guidance.


Underlying Index Dow Jones U.S. Financials Index
Management Fee 0.95
Asset Class Equity
Leverage -2

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