Name of ETF: ProShares Ultra Health Care

Benchmark Index: Dow Jones U.S. Health Care Index

Ticker Symbol: RXL

Approximate Number of Stocks in this ETF: 110

Daily Target: 2x

Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index.

Types of Stocks Included in this ETF: Large, mid and small-sized publicly traded companies in the health care sector.

Industries with the Most Representation: The types of companies that have had the most representation (largest weight) in this ETF are:

  • Pharmaceuticals
  • Biotechnology
  • Health Care Providers & Services
  • Health Care Equipment & Supplies

Individual Company Weight: This ETF historically has been weighted towards the top holdings.

Related Links:

ProShares Website