Symbols

SKF

ProShares UltraShort Financials·ARCA

--(--)

Key Stats

Assets Under Management

9.78MUSD

Fund Flows (1Y)

1.85MUSD

Dividend Yield

5.70%

Discount/Premium to NAV

-0.06%

Shares Outstanding

393.00K

Expense Ratio

0.95%

About ProShares UltraShort Financials

Issuer

ProShare Advisors

Brand

ProShares

Home Page

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

Inception Date

Jan 30, 2007

Structure

Open-Ended Fund

Index Tracked

S&P Financial 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.

SKF provides -2x leveraged exposure to the S&P Financial Select Sector Index, a market cap-weighted index of US financial companies drawn exclusively from the S&P 500. The index includes the following GICS industries: banks, financial services, consumer finance, capital markets, mortgage real estate investment trusts (REITs), and insurance. SKF is designed as a short-term trading vehicle, not a long-term investment. It holds swap agreements and resets on a daily basis. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to March 20, 2023, the fund tracked the Dow Jones US Financials Index.