Symbols

EQRR

ProShares Equities for Rising Rates ETF·NASDAQ

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Key Stats

Assets Under Management

11.68MUSD

Fund Flows (1Y)

-1.77MUSD

Dividend Yield

1.59%

Discount/Premium to NAV

-0.03%

Shares Outstanding

170.00K

Expense Ratio

0.35%

About ProShares Equities for Rising Rates ETF

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/strategic/eqrr

Inception Date

Jul 24, 2017

Structure

Open-Ended Fund

Index Tracked

Nasdaq U.S. Large Cap Equities for Rising Rates Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

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.

EQRR aims to outperform during periods of rising interest rates, expecting underperformance when interest rates fall. Each quarter, the index identifies five sectors with the strongest weekly correlation to the 10-year US Treasury rate over the last three years. The highest correlated sector receives 30% weight, with the remaining four sectors weighted at 25%, 20%, 15%, and 10%. Each sector is represented by 10 equally weighted stocks that are selected for their own interest rate sensitivity. Though the fund typically selects from the 500 largest US-listed firms, it can dip into midcaps if there are fewer than 10 stocks qualified in a sector. The index constituents are rebalanced quarterly.