Symbols

RXD

ProShares UltraShort Health Care·ARCA

--(--)

Key Stats

Assets Under Management

1.08MUSD

Fund Flows (1Y)

-403.50KUSD

Dividend Yield

3.35%

Discount/Premium to NAV

-0.02%

Shares Outstanding

120.40K

Expense Ratio

0.95%

About ProShares UltraShort Health Care

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/rxd

Inception Date

Jan 30, 2007

Structure

Open-Ended Fund

Index Tracked

S&P Health Care Select Sector Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

RXD provides daily geared inverse (-2x) exposure to the S&P Health Care Select Sector Index, a broad, cap-weighted index that includes health care equipment & supplies, health care providers & services, health care technology, biotechnology, pharmaceuticals, and life sciences tools & services. Investors should be cognizant of the fund's daily rebalancing, which can lead to profound differences in expected returns over the long haul. Still, compounding is a double-edged sword, it can work in investors' favor in trending markets. Due to daily compounding, it's unlikely to achieve its stated exposure and returns for longer than a 1-day period. Prior to March 20, 2023, the fund provided exposure to the Dow Jones U.S. Health Care Index.