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$14.78
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1 mg
Description
ProShares Trust - ProShares UltraShort Consumer Discretionary is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across consumer discretionary, automobile components, household durables, leisure product, textiles, apparel & luxury goods, hotels, restaurants, & leisure and retail sectors. It employs short strategy and uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track -2x the daily performance of the S&P Consumer Discretionary Select Sector Index.
