Name of ETF: ProShares Ultra Telecommunications

Benchmark Index: Dow Jones U.S. Select Telecommunications Index

Ticker Symbol: LTL

Types of Stocks Included in the Index: Large and mid-sized U.S. companies in the telecommunications industry.

Daily Target:  2x

Leveraged ETF: This ETF attempts to produce leveraged 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.

Related Links:

ProShares Website