Name of ETF: ProShares UltraPro Russell2000
Benchmark Index: Russell 2000 Index
Ticker Symbol: URTY
Approximate Number of Holdings: 2000
Types of Companies Included: Companies in the Russell 2000.
Daily Target: 3x
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns above the daily benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking a daily target equal to 300% of the Russell 2000 Index.
Leverage Risk: Leveraged ETFs are widely regarded as instruments for sophisticated investors only. Substantial losses can occur in a short period of time. Leveraged ETFs should only be used by experienced investors who understand leverage risk and are willing to monitor their positions.
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