Guide To ETF Providers: ProShares
AAA
  1. Guide To ETF Providers: Introduction
  2. Guide To ETF Providers: Direxion
  3. Guide To ETF Providers: EG Shares
  4. Guide To ETF Providers: ETF Securities
  5. Guide To ETF Providers: Guggenheim
  6. Guide To ETF Providers: IndexIQ
  7. Guide To ETF Providers: Invesco PowerShares
  8. Guide To ETF Providers: iShares
  9. Guide To ETF Providers: ProShares
  10. Guide To ETF Providers: State Street Global Advisors
  11. Guide To ETF Providers: Van Eck
  12. Guide To ETF Providers: Vanguard
  13. Guide To ETF Providers: WisdomTree
  14. Guide To ETF Providers: Conclusion

Guide To ETF Providers: ProShares

ProShares was established in 2006 by the founders of ProFunds, a firm that was launched in 1997. ProShares is the largest manager of inverse and leveraged funds, or "geared ETFs," in the world. Each geared ETF seeks a return that is either 3X, 2X, -1X, -2X or -3X the return of an index or other benchmark for a single day (as measured from one NAV calculation to the next). The introduction of Short ProShares signified the first ETF developed to profit in response to a declining benchmark. Ultra ProShares (many leveraged ETFs are called "ultra") were the first ETFs to seek two-times the daily performance of their tracking indexes and benchmarks.

Today, ProShares offers more than 130 ProShares ETFs, with a variety of ETF families including:

  • Global Fixed income ProShares - to diversify fixed-income holdings

  • Hedge Strategies ProShares - advanced investment strategies

  • Geared ProShares - inverse and leveraged exposure to equities, fixed income, currencies and commodities

  • Inflation and Volatility ProShares - exposure to expected inflation or implied market volatility
ProShares ETFs cover numerous asset classes including commodities, currencies, fixed income (domestic and international), inflation, international, long/short, market cap, sector, style and volatility. The funds are based on popular indexes and benchmarks such as Barclays, Dow Jones, FTSE, iBoxx, MSCI, Nasdaq, Russell and Standard & Poor's.

Headquartered in Bethesda, Maryland, just outside Washington, D.C., ProShares' expense ratios range between 0.25 and 0.95%, with an average expense ratio of 0.93%.

ProShares\' top five largest funds by AUM.
Figure 8: ProShares\' top five largest funds by AUM. Information current as of Feb. 8, 2013.
Guide To ETF Providers: State Street Global Advisors

  1. Guide To ETF Providers: Introduction
  2. Guide To ETF Providers: Direxion
  3. Guide To ETF Providers: EG Shares
  4. Guide To ETF Providers: ETF Securities
  5. Guide To ETF Providers: Guggenheim
  6. Guide To ETF Providers: IndexIQ
  7. Guide To ETF Providers: Invesco PowerShares
  8. Guide To ETF Providers: iShares
  9. Guide To ETF Providers: ProShares
  10. Guide To ETF Providers: State Street Global Advisors
  11. Guide To ETF Providers: Van Eck
  12. Guide To ETF Providers: Vanguard
  13. Guide To ETF Providers: WisdomTree
  14. Guide To ETF Providers: Conclusion
RELATED TERMS
  1. Factor Investing

    An investment strategy in which securities are chosen based on ...
  2. Reverse Gold ETF

    Exchange traded funds that are designed to trade in a direction ...
  3. Investment Fund

    A supply of capital belonging to numerous investors that is used ...
  4. Short Gold ETF

    An exchange traded fund that seeks to profit from negative changes ...
  5. Shariah-Compliant Funds

    An investment fund which meets all of the requirements of Shariah ...
  6. Total Annual Fund Operating Expenses

    For a mutual fund or other type of fund management structure, ...
  1. What ETFs should I buy to track the utilities sector?

    Selecting utilities sector company stocks can be a challenge for investors, but utilizing an ETF that tracks a utilities ...
  2. What are the most common ETFs that track the forest products sector?

    Explore the most common exchange-traded funds that track the forest products sector. Review the performance, expense ratios ...
  3. What are the most common ETFs that track the oil & gas drilling sector?

    Learn about three of the most common ETFs that track the oil and gas drilling sector: the XOP, the IEO and the PXE. Explore ...
  4. What are the regulations involved in releasing an ETF on the open market?

    Learn how an exchange traded fund comes to life, and find out about regulations surrounding ETF release from the Investment ...

You May Also Like

Related Tutorials
  1. Mutual Funds & ETFs

    Top ETFs And What They Track: A Tutorial

  2. Retirement

    Analyzing The Best Retirement Plans And Investment Options

  3. Mutual Funds & ETFs

    Complete Guide To Investment Companies, Funds And REITs

  4. Trading Systems & Software

    How To Analyze ETFs With Bloomberg

  5. Mutual Funds & ETFs

    Exchange-Traded Funds (ETFs)

Trading Center