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ProShares Trust - ProShares S&P 500 High Income ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It employs long/short strategy and uses derivatives such as futures, options, swaps to create its portfolio. It invests in growth and value stocks of companies of large-cap companies. It seeks to track the performance of its portfolio against the S&P 500 Daily Covered Call Index, by using full replication technique. ProShares Trust - ProShares S&P 500 High Income ETF was formed on December 18, 2023 and is domiciled in the United States.