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ProShares UltraShort Telecommunications (TLL)

14.41 Up 0.37(2.64%) Sep 3 - Nasdaq Real Time Price
Prev Close:14.04
Bid:14.11 x 200
Ask:14.19 x 300
Net Assets²:862.99K
YTD Return (Mkt)²:-14.65%
Day's Range:N/A - N/A
52wk Range:13.04 - 20.18
Avg Vol (3m):230
P/E (ttm)²:NA
Yield (ttm)²:0.00

¹As of Sep 17, 2014

²As of Aug 31, 2014

Quotes delayed, except where indicated otherwise. Currency in USD.

Fund Basics

Category:Trading-Inverse Equity
Fund Family:ProShares
Total Assets:862.99K
Legal Type:Exchange Traded Fund

Performance & Risk

YTD Return:-14.65%
3y Avg Return:-30.69%
5y Avg Return:-32.37%
Beta (3y):-1.48

Fund Summary

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Select TelecommunicationsSM 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 measure of U.S. stock market performance of fixed line (regional and long-distance carriers) and mobile telephone services (cellular, satellite and paging services). The fund is non-diversified. View More
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