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ProShares Trust - ProShares UltraPro Short Dow30
ProShares Trust - ProShares UltraPro Short Dow30 is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across energy, real estate, materials, industrials, capital goods, commercial and professional services, consumer discretionary, consumer staples, health care, financials, information technology, communication services sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. The fund seeks to track -3x the daily performance of the Dow Jones Industrial Average, by using full replication technique. ProShares Trust - ProShares UltraPro Short Dow30 was formed on February 9, 2010 and is domiciled in the United States.
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