Just for Funds: ProShares

Simeon Hyman, Global Investment Strategist at ProShares, joins Nasdaq's Sarah Choi to discuss ProShares Ultra QQQ Equal Weight (EQQQ), the first and only ETF targeting 2x the daily returns of the Nasdaq-100 Equal Weighted Index. They discuss how EQQQ offers investors magnified exposure to Nasdaq-100 companies while reducing the influence of the index's largest names through an equal-weight approach. EQQQ expands ProShares' Nasdaq-indexed lineup, providing investors with another way to access one of the market's most widely followed equity benchmarks.