EQRR

Equities for Rising Rates ETF

Why EQRR?

  • The first U.S. equity ETF specifically designed to outperform traditional U.S. large-cap indexes during periods of rising interest rates.

  • Targets sectors that have had the highest correlations to 10-Year U.S. Treasury yields and within those sectors, the stocks that have had a strong tendency to outperform as rates rise.

  • Can be used to complement traditional large-cap equity investments.

How to buy
View all Fund detail sections

Why EQRR?

  • The first U.S. equity ETF specifically designed to outperform traditional U.S. large-cap indexes during periods of rising interest rates.

  • Targets sectors that have had the highest correlations to 10-Year U.S. Treasury yields and within those sectors, the stocks that have had a strong tendency to outperform as rates rise.

  • Can be used to complement traditional large-cap equity investments.

How to buy

Investment Objective

ProShares Equities for Rising Rates ETF seeks investment results, before fees and expenses, that track the performance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index. The goal of the fund is to provide relative outperformance, as compared to traditional U.S. large-cap indexes, such as the S&P 500®, during periods of rising U.S. Treasury interest rates.

Documents & Downloads
Fund Fact Sheet
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Semi Annual Report
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Annual Report
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Fund Profile
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Attribution Report
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NAV History
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You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Month-End Total Returns as of 11/30/2024
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
EQRR Market Price 8.24% 7.04% 6.21% 18.32% 26.11% 11.22% 10.77% -- 8.71% 07/24/2017
EQRR NAV 8.27% 7.02% 6.12% 18.27% 26.02% 11.31% 10.87% -- 8.70% 07/24/2017
Nasdaq U.S. Large Cap Equities for Rising Rates Index 8.32% 7.12% 6.32% 18.71% 26.53% 11.70% 11.25% -- 9.11% --

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker
    EQRR
  • Intraday Ticker
    EQRR.IV
  • CUSIP
    74347B391
  • Inception Date
    7/24/17
  • Expense Ratio
    0.35%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Characteristics
as of 11/30/2024
  • Number of Companies
    50
  • Price/Earnings Ratio
    14.14
  • Price/Book Ratio
    2.42

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $76.90 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 12/20/2024
  • NAV
    $56.76
  • NAV Change
    $+0.60 up caret
  • Market Price
    $56.71
  • Market Price Change
    $+0.52 up caret
  • Trading Volume (M)
    204
  • 30-Day Median Bid Ask Spread
    0.13%
  • View Premium / Discount
Snapshot
  • Ticker
    EQRR
  • Intraday Ticker
    EQRR.IV
  • CUSIP
    74347B391
  • Inception Date
    7/24/17
  • Expense Ratio
    0.35%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Characteristics
as of 11/30/2024
  • Number of Companies
    50
  • Price/Earnings Ratio
    14.14
  • Price/Book Ratio
    2.42

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Avg. Market Cap
    $76.90 billion

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

Price
as of 12/20/2024
  • NAV
    $56.76
  • NAV Change
    $+0.60 up caret
  • Market Price
    $56.71
  • Market Price Change
    $+0.52 up caret
  • Trading Volume (M)
    204
  • 30-Day Median Bid Ask Spread
    0.13%
  • View Premium / Discount

Exposures

Index as of 9/30/2024 and Fund as of 12/20/2024

Holdings

as of 12/20/2024

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
3.06% CTRA COTERRA ENERGY INC -- $380,087.68 16,051 2162340
3.04% MCK MCKESSON CORP -- $377,410.74 651 2378534
2.98% EOG EOG RESOURCES INC -- $370,214.40 3,110 2318024
2.90% LPLA LPL FINANCIAL HOLDINGS INC -- $360,723.00 1,100 B75JX34
2.80% XOM EXXON MOBIL CORP -- $348,206.43 3,289 2326618
2.79% COP CONOCOPHILLIPS -- $346,236.80 3,640 2685717
2.79% FANG DIAMONDBACK ENERGY INC -- $346,135.96 2,234 B7Y8YR3
2.78% HAL HALLIBURTON CO -- $345,401.00 13,300 2405302
2.70% MO ALTRIA GROUP INC -- $334,884.80 6,220 2692632
2.67% VLO VALERO ENERGY CORP -- $332,170.59 2,801 2041364
2.67% SLB SCHLUMBERGER LTD -- $331,875.13 9,011 2779201
2.59% RJF RAYMOND JAMES FINANCIAL INC -- $321,573.70 2,074 2718992
2.59% COR CENCORA INC -- $321,498.28 1,412 2795393
2.58% PSX PHILLIPS 66 -- $320,955.96 2,908 B78C4Y8
2.58% UAL UNITED AIRLINES HOLDINGS INC -- $320,056.40 3,286 B4QG225
2.57% WFC WELLS FARGO & CO -- $319,765.64 4,546 2649100
2.51% CTVA CORTEVA INC -- $311,599.08 5,421 BK73B42
2.50% MPC MARATHON PETROLEUM CORP -- $310,775.40 2,330 B3K3L40
2.31% JPM JPMORGAN CHASE & CO -- $286,545.60 1,206 2190385
2.25% HSY HERSHEY CO/THE -- $279,737.18 1,643 2422806
2.25% STZ CONSTELLATION BRANDS INC-A -- $279,529.64 1,228 2170473
2.15% ADM ARCHER-DANIELS-MIDLAND CO -- $267,243.57 5,293 2047317
2.15% CPB THE CAMPBELL'S COMPANY -- $266,969.50 6,433 2162845
2.14% WRB WR BERKLEY CORP -- $265,204.96 4,528 2093644
2.07% BG BUNGE GLOBAL SA -- $257,075.00 3,250 BQ6BPG9
2.03% AIG AMERICAN INTERNATIONAL GROUP -- $251,943.54 3,466 2027342
2.02% MET METLIFE INC -- $250,588.80 3,080 2573209
2.00% PRU PRUDENTIAL FINANCIAL INC -- $247,796.49 2,103 2819118
1.97% RGA REINSURANCE GROUP OF AMERICA -- $244,482.12 1,178 2731193
1.92% HIG HARTFORD FINANCIAL SVCS GRP -- $238,316.19 2,177 2476193
1.85% CVS CVS HEALTH CORP -- $229,474.28 5,173 2577609
1.81% DAL DELTA AIR LINES INC -- $225,197.28 3,696 B1W9D46
1.80% FOXA FOX CORP - CLASS A -- $223,281.24 4,508 BJJMGL2
1.72% MAR MARRIOTT INTERNATIONAL -CL A -- $214,105.84 754 2210614
1.71% GM GENERAL MOTORS CO -- $212,421.00 4,100 B665KZ5
1.63% HLT HILTON WORLDWIDE HOLDINGS IN -- $202,778.46 813 BYVMW06
1.62% ORLY O'REILLY AUTOMOTIVE INC -- $201,153.15 165 B65LWX6
1.55% AZO AUTOZONE INC -- $191,954.73 59 2065955
1.26% GPC GENUINE PARTS CO -- $156,119.77 1,349 2367480
1.23% UBER UBER TECHNOLOGIES INC -- $152,675.22 2,514 BK6N347
1.14% IP INTERNATIONAL PAPER CO -- $141,025.50 2,590 2465254
1.07% FAST FASTENAL CO -- $132,880.32 1,776 2332262
1.01% CF CF INDUSTRIES HOLDINGS INC -- $126,025.34 1,483 B0G4K50
0.95% RS RELIANCE INC -- $117,830.76 438 2729068
0.94% STLD STEEL DYNAMICS INC -- $116,499.83 1,007 2849472
0.91% LIN LINDE PLC -- $112,442.15 265 BNZHB81
0.80% NUE NUCOR CORP -- $98,743.26 847 2651086
0.78% LYB LYONDELLBASELL INDU-CL A -- $96,726.00 1,316 B3SPXZ3
0.77% FCX FREEPORT-MCMORAN INC -- $96,217.36 2,476 2352118
0.77% WLK WESTLAKE CORP -- $95,905.81 847 B01ZP20
-- -- NET OTHER ASSETS (LIABILITIES) -- $40,952.14 40,952 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 9/30/2024

  • Total Number of Companies50
  • Price/Earnings Ratio12.762
  • Price/Book Ratio2.268
  • Dividend Yield ( % )2.30
  • Avg. Index Market Capitalization$68.77 billion
About the Index

The Nasdaq U.S. Large Cap Equities for Rising Rates Index is designed to measure the performance of companies in the Nasdaq U.S. Large Cap Index whose stock prices have historically exhibited relatively high correlation tomovements in interest rates.

Distributions

For

2024
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Rising Rates Insights and Research

Explore the Secrets of Equities in Rising Rates

Sector and company selection are both critical when rates rise—here’s how to target the potential outperformers.
Read More

A Playbook for Rising Rates

Bond Strategies for Rising Rates—Shorten, Float or Hedge?

The Next Rate Hike

Rising Rates: How Short Duration Strategies Stacked Up
Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

The fund is designed to provide relative outperformance, as compared to traditional U.S. large-cap indexes, such as the S&P 500, during periods of rising U.S. Treasury interest rates. As a result, the fund may be more susceptible to underperformance in a falling rate environment. There can be no guarantee that the fund will provide positive returns or outperform other indexes.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

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.

Nasdaq® is a registered trademark of Nasdaq, Inc. and is licensed for use by ProShare Advisors LLC. ProShares ETFs have not been passed on by Nasdaq, Inc. or its affiliates as to their legality or suitability. ProShares ETFs based on the Nasdaq U.S. Large Cap Equities for Rising Rates Index are not issued, sponsored, endorsed, sold, or promoted by Nasdaq, Inc. or its affiliates, and they make no representation regarding the advisability of investing in ProShares ETFs.THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

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

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