Company Name:: ProShares Ultra S&P SmallCap 600
Benchmark Index: S&P SmallCap 600
Ticker Symbol: SAA
Approximate Number of Holdings: 600
Types of Companies Included: U.S. small-cap companies in the S&P 600.
Daily Target: 2x
Leveraged ETF: This ETF is a leveraged ETF which means it 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%) which means the ETF is seeking a daily target equal to 200% of the benchmark index.
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