ProShares UltraShort Nasdaq Biotechnology logo

BIS

NASDAQ

ProShares UltraShort Nasdaq Biotechnology

Sectorn/aIndustryn/aIPOn/a
$8.46+0.22 (+2.67%)
News1/Ratings0

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is a modified capitalization weighted index that includes securities of Nasdaq listed companies that are classified as either biotechnology or pharmaceutical. The fund is non-diversified.