ProShares Key Facts and SEC Filings

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ProShares is a well-established company with a long history of innovation in the financial industry. They were founded in 2006 by Louis G. Navellier, a renowned investment expert.

ProShares is known for its wide range of exchange-traded funds (ETFs) that offer unique investment strategies, such as inverse and leveraged products. These ETFs aim to provide investors with more flexibility and control over their portfolios.

One of the key facts about ProShares is that they have over 200 ETFs listed on major US exchanges, including the NYSE and NASDAQ. This vast array of options allows investors to choose from a diverse range of investment strategies and asset classes.

ProShares is a registered investment advisor with the Securities and Exchange Commission (SEC), which means they are subject to strict regulations and oversight. This is reassuring for investors who want to ensure their investments are handled responsibly.

Additional reading: Blackrock New Etfs

What is ProShares?

ProShares is a leader in the ETF revolution, having started in 2006 with an impressive lineup of ETFs that manage risk and enhance returns.

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ProShares has consistently developed new products over the years, offering a wide range of funds focused on equities, fixed income, alternative investments, and volatility.

The company puts a twist on these investments by offering both leveraged ETFs and inverse funds, providing investors with more options to manage risk and enhance returns.

ProShares' funds combine low fees with tax efficiency, allowing them to build greater long-term savings than comparable mutual funds.

Most ETFs aim to match the performance of a benchmark index, resulting in less frequent turnover within the fund and lower fees.

Leveraged ETFs seek to return a multiple of two or three relative to the actual performance of the asset or index being tracked, amplifying daily or monthly returns.

Worth a look: Proshares 3x Etfs

ProShares Offerings

ProShares offers over 140 different products across various asset classes, sectors, and market segments. These products track the investment performance of equities, fixed income, commodities, and real estate.

ProShares ETFs employ popular smart beta strategies like dividend growth to capture greater risk-adjusted returns. This can be a game-changer for investors looking for more than traditional market-cap indexes can offer.

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The Ultra VIX Short-Term Futures ETF (UVXY) is a popular product that seeks results 1.5 times the daily performance of the S&P 500 VIX Short-Term Futures Index. This provides leveraged exposure to the most followed volatility index.

The Ultra S&P500 (SSO) is another example of a popular ProShares fund, attempting to double the performance of the S&P 500 Index for a single day. This is achieved through sequential NAV calculations.

ProShares has also filed for three new ETFs: the S&P 500 Bitcoin ETF, the Nasdaq-100 Bitcoin ETF, and the Gold Bitcoin ETF. These ETFs feature a short USD and long Bitcoin position using Bitcoin Futures offerings.

Key Information

ProShares is a prominent asset manager overseeing more than $75 billion in assets. They specialize in various types of ETFs, including leveraged and inverse ETFs.

ProShares offers a range of pooled investments and specializes in ETF products, with over 140 different products available. These include leveraged and inverse ETFs that aim to amplify the performance of underlying indices.

Take a look at this: Proshares Short S&p 500 2x

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One of ProShares' most popular products is the Ultra S&P500, an ETF that seeks to double the performance of the S&P 500 Index. This is just one example of their innovative investment strategies.

ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing in Bitcoin.

Here's a breakdown of the proposed funds:

ProShares' move comes amid a growing acceptance of crypto within traditional finance.

Performance and Filings

ProShares has been filing for new ETFs, including the S&P 500 Bitcoin ETF, the Nasdaq-100 Bitcoin ETF, and the Gold Bitcoin ETF. These ETFs will have a long position in the underlying stocks or gold, and a short USD and long Bitcoin position using Bitcoin Futures offerings.

The filings are part of a growing trend in the number of crypto ETFs, including products for Litecoin, Hedera, Solana, and XRP. This suggests that asset managers are intensifying their efforts to target traditional finance products more closely.

Nate Geraci, President of ETF Store, has dubbed these new ETFs "BTC hedged ETFs" due to their dual-faced model.

For more insights, see: Proshares Short Bitcoin Strategy Etf

Performance

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The performance of an investment is a crucial aspect to consider. The current performance for this year is -3.09%.

In the past, the investment has shown significant growth, with a performance since inception of 3,147.66%. This is a remarkable achievement, and it's essential to understand the factors that contributed to this success.

The high and low points of the investment over the past year are also noteworthy. The high point was 77.13%, while the low point was 51.55%. This indicates a significant range of performance.

Here are some key statistics on the investment's performance:

The investment's performance over the past year has been volatile, with a maximum loss of -12.10%. However, it's essential to note that this is a relatively short-term perspective, and the investment's long-term performance is what truly matters.

The investment's performance has been consistently strong over the past decade, with a performance since inception of 3,147.66%. This suggests a high level of stability and reliability.

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The investment's beta, which measures its volatility relative to the market, has been relatively high over the past year, at 1.95. This indicates that the investment has been more volatile than the market as a whole.

The investment's R-Squared, which measures its correlation with the market, has been relatively high over the past year, at 55.50%. This suggests that the investment has been closely tied to the market's performance.

The investment's Sortino ratio, which measures its risk-adjusted return, has been relatively high over the past year, at 1.22. This suggests that the investment has been able to generate strong returns while minimizing risk.

Bitcoin ETF Filings

ProShares has filed for three new ETFs that are making waves in the crypto space. These ETFs are denominated in Bitcoin and feature a unique dual-faced model.

The filings include the S&P 500 Bitcoin ETF, the Nasdaq-100 Bitcoin ETF, and the Gold Bitcoin ETF. These products are designed to be long in the underlying stocks or gold, with a short USD and long Bitcoin position using Bitcoin Futures offerings.

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ProShares President Nate Geraci has dubbed these offerings "BTC hedged ETFs" due to their dual-faced model. He's not alone in his enthusiasm, as the number of crypto ETF filings has been growing rapidly since spot Bitcoin and Ethereum ETF products secured approval from the U.S. SEC.

The SEC has been approving a steady stream of crypto ETF filings, including products for Litecoin, Hedera, Solana, and XRP. Asset managers are now intensifying their efforts to create ETFs that target traditional finance products more closely.

Geraci's observation that "Bitcoin is starting to eat tradfi" highlights the significant impact that Bitcoin is having on traditional finance.

Frequently Asked Questions

Who is ProShares owned by?

ProShares is owned by ProShares Trust and ProShares Trust II, which operate ProShares.com. ProShares ETFs are distributed by SEI Investments Distribution Co.

How does ProShares work?

ProShares uses a smart beta approach that combines active and passive investing to enhance performance. It offers a range of ETFs that aim to double the S&P 500's performance or increase in value when their benchmarks drop.

Does ProShares pay dividends?

Yes, ProShares pays dividends to shareholders, distributing net income periodically. However, tax management strategies may not always minimize dividend distributions.

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