Name of ETF: ProShares UltraShort Technology

Benchmark Index: Dow Jones U.S. Technology Index

Ticker Symbol: REW

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

Daily Target: -2x

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

Related Links:

ProShares Website