Company Name:: ProShares Ultra Nasdaq Biotechnology
Benchmark Index: NASDAQ Biotechnology Index
Ticker Symbol: BIB
Approximate Number of Holdings: 150
Types of Companies Included: A broad selection of companies in the biotechnology industry. Examples of companies in this industry are:
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.
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