Symbols

RXL

ProShares Ultra Health Care·ARCA

--(--)

Key Stats

Assets Under Management

89.54MUSD

Fund Flows (1Y)

5.40MUSD

Dividend Yield

1.41%

Discount/Premium to NAV

0.11%

Shares Outstanding

1.70M

Expense Ratio

0.95%

About ProShares Ultra Health Care

Issuer

ProShare Advisors

Brand

ProShares

Home Page

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

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.

RXL delivers daily 2x returns of 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. Over longer periods, returns can vary significantly from its headline 2x target returns. Prior to March 20, 2023, the fund provided exposure to the Dow Jones U.S. Health Care Index.