Explore ETFs

Geared Investing

Pioneering leveraged and inverse ETFs

Since 2006, ProShares’ line-up of ETFs has helped investors use leverage to increase their buying power and inverse strategies to profit during or protect a portfolio from declines.

why leverage?

Increase market exposures with leveraged ETFs

Overweight holdings within a sector

Track broad market indexes, or narrow sectors or industries

Designed to magnify the one day returns of a benchmark

why inverse?

Move opposite a benchmark with inverse ETFs

Designed to increase in value as the benchmark or stock they follow falls

Hedge against a company or sector decline

Seeks the inverse of the one day return of a benchmark

Go Further

Explore ProShares three part series on portfolio hedging

A hedge is an investment intended to move in the opposite direction of an asset that’s considered to be at risk in a portfolio. A hedge provides inverse exposure so if the at-risk investment should decline in value, the hedge is designed to increase in value and offset potential losses in a portfolio.
Part One: The Significance of Portfolio Hedging

Geared Investing Resources

Browse All Insights

Bitcoin’s Next Halving 2024: Market Impact and What to Expect

The halving, which took place on April 19, 2024, slashed mining rewards from 6.25 to 3.125 bitcoins. The fourth such occurrence in bitcoin's history, the event marked a critical juncture that historically has been a...
Read More
insight-image Part I: The Significance of Portfolio Hedging

Investing involves risk. Market downturns will happen. Having a sound investment strategy can help smooth out the turbulence in your portfolio and save you from getting caught up in a herd mentality of selling low i...

Read the article
insight-image Part II: Strategies for Hedging Your Portfolio

ProShares reviews the pros and cons of different portfolio hedging strategies that can be used in inevitable market downturns: Short selling, buying put options, selling futures contracts, and using inverse ETFs

Read the article
insight-image Part III: The Efficacy of Hedging with Inverse ETFs

ProShares inverse ETFs are frequently used to hedge equity and bond holdings. And, as investors have diversified into a broader selection of asset classes, it has become common to see investors hedging commodity and...

Read the article
Get the latest perspectives and updates.

Some ProShares ETFs seek daily investment results that correspond, before fees and expenses, to a multiple of (e.g. 2x or -2x) the daily performance of its underlying benchmark (the “Daily Target”). While the Funds have a daily investment objective, you may hold a Fund’s shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

Investing involves risk, including the possible loss of principal. Geared ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Short ProShares ETFs should lose money when their benchmarks or indexes rise. Please see their summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Spearate ProShares Trust II prospectuses are available for Volatility, Commodity, and Currency ProShares.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.