AMEX: SKF       Ultrashort Financials ETF
Last Price Today's Change   Day's Range   Trading Volume
20.71   -0.744 (3.47%)  20.51 - 20.71  3,314


Avg Volume (4 weeks):67,072
4 Weeks Range:16.64 - 22.775
4 Weeks Price Volatility (%):
52 Weeks Range:7.83 - 22.775
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

ProShares UltraShort Financials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States-domiciled international banks; full line, life and property and casualty insurance companies; companies that invest directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association, credit card issuers and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges. It takes positions in securities and financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.

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