ProShares launched 22 new exchange traded funds (ETFs) that offer magnified and short exposure to selected Dow Jones U.S. sector indexes. These new funds offer investors more choice in the ETF market. The new ETFs are the following:
- Ultra Basic Materials (UYM)
- Ultra Consumer Goods (UGE)
- Ultra Consumer Services (UCC)
- Ultra Financials (UYG)
- Ultra Health Care (RXL)
- Ultra Industrials (UXI)
- Ultra Oil & Gas (DIG)
- Ultra Real Estate (URE)
- Ultra Semiconductors (USD)
- Ultra Technology (ROM)
- Ultra Utilities (UPW)
- UltraShort Basic Materials (SMN)
- UltraShort Consumer Goods (SZK)
- UltraShort Consumer Services (SCC)
- UltraShort Financials (SKF)
- UltraShort Health Care (RXD)
- UltraShort Industrials (SIJ)
- UltraShort Oil & Gas (DUG)
- UltraShort Real Estate (SRS)
- UltraShort Semiconductors (SSG)
- UltraShort Technology (REW)
- UltraShort Utilities (SDP)
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.