Company Name:: ProShares UltraShort TIPS
Benchmark Index: Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series L).
Ticker Symbol: TPS
Approximate Number of Bonds in this ETF: 35
Types of Bonds Included in this ETF: Inflation-protected bonds issued by the U.S. treasury. These bonds have the highest credit rating and have a variety of maturity dates.
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the Barclays Index goes up, the ETF is designed to go down. If the Barclays Index goes down, the ETF is designed to go up.
Leverage: 2x opposite performance of Barclays Index.
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