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$12.83
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1 mg
Description
ProShares Trust - ProShares UltraShort Consumer Staples is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across consumer staples distribution & retail, beverages, food products, tobacco, household products, and personal care product 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 Staples Select Sector Index.