|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||67.01 - 67.48|
|52 Week Range||63.97 - 70.99|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.50%|
ProShares, a premier provider of ETFs, announced today the launch of ProShares Equities for Rising Rates ETF , the first U.S. equity ETF specifically designed to outperform traditional large-cap indexes, such as the S&P 500, in a rising interest rate environment.
The CBO expects the budget deficit to remain below 3% of GDP until 2019.
An interest rate hedged ETF usually takes a short position in the interest rate swaps. It makes the duration of the portfolio zero.