ProShares

AAA

DEFINITION of 'ProShares'

A division of ProFunds Group that manages short and leveraged investment funds that trade on various stock exchanges. These funds are designed to allow investors to take hedging and speculative positions without having to purchase derivatives. ProShares trade like any other ETF and can be purchased and sold like stocks.

INVESTOPEDIA EXPLAINS 'ProShares'

ProShares offers dozens of different ETF products, all designed to perform specific speculative investment strategies. They are divided into three categories: short, ultra and alpha. Short ProShares behave inversely to the market, while Ultra ProShares amplify market performance by a factor of two. The Alpha fund tracks the performance of the Credit-Suisse Index.

RELATED TERMS
  1. Index ETF

    Exchange-traded funds that follow a specific benchmark index ...
  2. Exchange-Traded Fund - ETF

    A security that tracks an index, a commodity or a basket of assets ...
  3. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  4. Leveraged ETF

    An exchange-traded fund (ETF) that uses financial derivatives ...
  5. Bond ETF

    A type of exchange-traded fund (ETF) that exclusively invests ...
  6. Factor Investing

    An investment strategy in which securities are chosen based on ...
Related Articles
  1. Introduction To Fundamentally Weighted ...
    Mutual Funds & ETFs

    Introduction To Fundamentally Weighted ...

  2. Go International With Foreign Index ...
    Mutual Funds & ETFs

    Go International With Foreign Index ...

  3. Modernize Your Portfolio With ETF Futures
    Mutual Funds & ETFs

    Modernize Your Portfolio With ETF Futures

  4. Exchange Traded Notes - An Alternative ...
    Mutual Funds & ETFs

    Exchange Traded Notes - An Alternative ...

comments powered by Disqus
Hot Definitions
  1. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  2. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  3. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  6. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
Trading Center