Name of ETF: ProShares Short Russell2000
Benchmark Index: Russell 2000 Index
Ticker Symbol: RWM
Types of Companies Included: Companies in the Russell 2000.
Daily Target: -1x
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the Russell 2000 Index goes up, the ETF is designed to go down. If the Russell 2000 Index goes down, the ETF is designed to go up.
Sector Weightings: While the small-cap stocks are spread across many sectors, there is a significantly greater representation of financial, information technology, health care, consumer discretionary and industrial companies compared to companies in the materials, energy, utilities, consumer staples and telecommunications sectors.
Individual Company Weight: While not equally weighed, the ETF is diversified with no one company representing a significant percentage of the ETF.
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