REW
·NYSE
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Key Stats
Assets Under Management
3.95MUSD
Fund Flows (1Y)
2.38MUSD
Dividend Yield
8.10%
Discount/Premium to NAV
0.08%
Shares Outstanding
336.50K
Expense Ratio
0.95%
About ProShares UltraShort Technology
Issuer
ProShare Advisors
Brand
ProShares
Inception Date
Jan 30, 2007
Structure
Open-Ended Fund
Index Tracked
S&P Technology 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.
REW aims to offer investors a means of playing out their bearish bets on the technology sector. The fund provides 2x leveraged inverse exposure to the S&P Technology Select Sector Index—a market-cap-weighted index of US tech companies as classified by S&P Dow Jones. The fund typically includes companies engaged in IT services, software, communications equipment, technology, hardware, storage & peripherals, electronic equipment, instruments, & components, and semiconductors & semiconductor equipment. As a geared product with daily resets, REW is designed to be a short-term trading vehicle—not a long-term investment. As a result, the fund's long-term returns are difficult to predict due to compounding and path dependency. Prior to March 20, 2023, the fund provided exposure to the Dow Jones U.S. Technology Index.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Committee
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -7.36% | -10.35% | -44.84% | -45.73% | -86.79% | -90.70% |
NAV Total Return | -51.64% | -17.80% | -46.76% | -43.42% | -83.87% | -89.11% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
TECHNOLOGY SELECT SECTOR INDEX SWAP JPMORGAN CHASE BANK NA
-11.32%
TECHNOLOGY SELECT SECTOR INDEX SWAP SOCIETE GENERALE
-15.39%
TECHNOLOGY SELECT SECTOR INDEX SWAP BARCLAYS CAPITAL
-17.05%
TECHNOLOGY SELECT SECTOR INDEX SWAP BNP PARIBAS
-20.36%
TECHNOLOGY SELECT SECTOR INDEX SWAP UBS AG
-20.64%
TECHNOLOGY SELECT SECTOR INDEX SWAP CITIBANK NA
-26.58%
TECHNOLOGY SELECT SECTOR INDEX SWAP BANK OF AMERICA NA
-29.61%
TECHNOLOGY SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL
-59.02%
Top 10 Weight -199.97%
8 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-24 | 2025-09-24 | 2025-09-30 | 0.094 |
| 2025-06-25 | 2025-06-25 | 2025-07-01 | 0.093 |
| 2025-03-26 | 2025-03-26 | 2025-04-01 | 0.096 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.166 |
| 2024-09-25 | 2024-09-25 | 2024-10-02 | 0.171 |
| 2024-06-26 | 2024-06-26 | 2024-07-03 | 0.150 |
| 2024-03-20 | 2024-03-21 | 2024-03-27 | 0.046 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
