Terms of use

Terms of use

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BIS ProShares Trust - ProShares UltraShort Nasdaq Biotechnology
ProShares UltraShort NASDAQ Biotech logo

ProShares Trust - ProShares UltraShort Nasdaq Biotechnology is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors. The fund employs short strategy and uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track -2x the daily performance of the Nasdaq Biotechnology Index, by using synthetic replication technique. ProShares Trust - ProShares UltraShort Nasdaq Biotechnology was formed on April 7, 2010 and is domiciled in the United States.