• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Up0.25% Nasdaq Up0.65%

    ProShares Trust - ProShares UltraShort Nasdaq Biotechnology (BIS)

    -NasdaqGM
    37.01 Down 0.79(2.09%) May 27, 4:00PM EDT
    Profile as of Apr 29, 2016Get Profile for:
    ProShares Trust - ProShares UltraShort Nasdaq Biotechnology

    Phone: 866-776-5125
    Fund Overview 
    Category: Trading--Inverse Equity
    Fund Family: ProShares
    Net Assets:79.56M
    Yield:0.00%
    Fund Inception Date:Apr 6, 2010
    Legal Type:Exchange Traded Fund
    View ETF Center
    Morningstar Style Box 
    Trading--Inverse Equity
    [View Category Definition]
    View Other Trading--Inverse Equity Funds
    About the Morningstar Style Box

    Fund Summary 
    The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. It is non-diversified.

    Fund Operations 
     BISCategory Avg
    Annual Report Expense Ratio (net)0.95%N/A
    Annual Holdings TurnoverNaNN/A
    Total Net AssetsNaNN/A
    View ETFs by Expense Ratio