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ProShares Trust - ProShares Decline of the Retail Store ETF 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 consumer discretionary, retailing, internet and direct marketing retail, automatic vending machine retail, catalog broadline retail, catalog food and drug retail, catalog specialty retail sectors. It 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 -1x the daily performance of the Solactive-ProShares Bricks and Mortar Retail Store Index, by using synthetic replication technique. ProShares Trust - ProShares Decline of the Retail Store ETF was formed on November 14, 2017 and is domiciled in the United States.