Symbols

USD

ProShares Ultra Semiconductors·ARCA

--(--)

Key Stats

Assets Under Management

1.74BUSD

Fund Flows (1Y)

-167.01MUSD

Dividend Yield

0.37%

Discount/Premium to NAV

0.28%

Shares Outstanding

31.70M

Expense Ratio

0.95%

About ProShares Ultra Semiconductors

Issuer

ProShare Advisors

Brand

ProShares

Home Page

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

Inception Date

Jan 30, 2007

Structure

Open-Ended Fund

Index Tracked

Dow Jones U.S. Semiconductors 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.

USD, as a levered product, is not a buy-and-hold ETF, it's a short-term tactical instrument. Investors get concentrated exposure to the biggest companies that engage in the production and distribution of semiconductors and other integrated chips, as well as other related products such as semiconductor capital equipment and motherboards. Like many levered funds, USD promises 2x exposure only for one day. Over longer periods, returns can vary significantly from 2x exposure to its underlying index.