The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P MidCap 400 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment object...
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P MidCap 400 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.
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