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ProShares UltraShort Health Care ETF RXD

Product
0.11 mg/$

Description

ProShares Trust - ProShares UltraShort Health Care is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across health care equipment, supplies, providers & services, technology, biotechnology, pharmaceuticals and life sciences tools & service sectors. The fund employs short strategy and uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track -2x the daily performance of the S&P Health Care Select Sector Index.

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