Proshares Ultrashort Technology Etf Profile

REW Etf  USD 10.14  0.16  1.55%   

Performance

Insignificant

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
ProShares UltraShort is selling for under 10.14 as of the 12th of May 2025; that is 1.55% down since the beginning of the trading day. The etf's lowest day price was 9.99. ProShares UltraShort has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 12th of April 2025 and ending today, the 12th of May 2025. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Technology is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort Technology

Moving together with ProShares Etf

  0.93SH ProShares Short SP500PairCorr
  0.97PSQ ProShares Short QQQPairCorr
  0.99SPXU ProShares UltraPro Short Aggressive PushPairCorr
  0.97SDS ProShares UltraShort Aggressive PushPairCorr
  0.99SPXS Direxion Daily SP Aggressive PushPairCorr
  0.99QID ProShares UltraShort QQQPairCorr

Moving against ProShares Etf

  0.61CAT CaterpillarPairCorr
  0.59IBM International BusinessPairCorr
  0.45MSTY YieldMax MSTR Option Sell-off TrendPairCorr

ProShares Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[RewardStream Solutions Inc, Proshares Ultrashort Tech]
Business ConcentrationInformation Technology ETFs, Sector ETFs, Trading--Inverse Equity, ProShares (View all Sectors)
IssuerProShares
Inception Date2007-01-30
BenchmarkS&P Technology Select Sector Index
Entity TypeRegulated Investment Company
Asset Under Management4.89 Million
Average Trading Valume67,287.7
Asset TypeEquity
CategorySector
FocusInformation Technology
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Chase Bank, N.A.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Tarak Dave
Transfer AgentJ.P. Morgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents32.0
Market MakerVirtu Financial
Total Expense1.62
Management Fee0.75
Country NameUSA
Returns Y T D0.23
NameProShares UltraShort Technology
Currency CodeUSD
Open FigiBBG000QXJ052
In Threey Volatility42.77
1y Volatility32.26
200 Day M A11.1754
50 Day M A11.9556
CodeREW
Updated At11th of May 2025
Currency NameUS Dollar
ProShares UltraShort Technology [REW] is traded in USA and was established 2007-01-30. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Information Technology ETFs. ProShares UltraShort at this time have 17.91 M in assets. , while the total return for the last 3 years was -35.0%.
Check ProShares UltraShort Probability Of Bankruptcy

Top ProShares UltraShort Technology Etf Constituents

ProShares UltraShort Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraShort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares UltraShort Against Markets

When determining whether ProShares UltraShort is a strong investment it is important to analyze ProShares UltraShort's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares UltraShort's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of ProShares UltraShort is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.