Name of ETF: ProShares UltraShort Semiconductors

Benchmark Index: Dow Jones U.S. Semiconductors Index

Ticker Symbol: SSG

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

Daily Target: -2x

Leveraged-Short ETF: This ETF allows investors to take a leveraged bearish position against the U.S. semiconductor industry. If the Dow Jones U.S. Semiconductors Index goes down, this ETF is designed to go up twice the amount the index went down. Conversely, if the Dow Jones U.S. Semiconductors Index goes up, this ETF is designed to go down twice the amount the index went up.

Related Links:

ProShares Website