‘ ProShares ’

ProShares to close 13 ETFs

Aug 1st, 2017 | By
Direxion to close 12 inverse & leveraged sector ETFs

ProShares, a US-based provider specializing in inverse and leveraged ETFs, has announced it is closing 13 funds in its line-up. 

ProShares launches US equity ETF for rising rates

Jul 25th, 2017 | By
ProShares launches US equity ETF for rising rates

ProShares has launched the ProShares Equities for Rising Rates ETF (Nasdaq: EQRR), the first US equity ETF designed to outperform traditional large-cap indices, such as the S&P 500, in a rising interest rate environment.

SEC sends mixed message over leveraged ETFs

May 22nd, 2017 | By
SEC sends mixed message over leveraged ETFs

The Securities and Exchange Commission (SEC) appears to be sending out contradictory signals regarding the use of leveraged ETFs following the approval and subsequent review of two new quadruple leveraged ETFs.

Quadruple leveraged ETFs to hit US shores

May 5th, 2017 | By
Quadruple leveraged ETFs to hit US shores

The Securities and Exchange Commission has approved a request to list quadruple-leveraged exchange-traded funds in the US.

ProShares examines interest-rate sensitivity of dividend ETFs

May 5th, 2017 | By
Amplify ETFs announces changes to YieldShares Prime 5 Dividend ETF

US ETF provider ProShares has found that dividend-grower strategies have historically outperformed high-dividend-yield strategies in both periods of rising and falling rates. Dividend-grower strategies target stocks that consistently grow their dividends over time while high-dividend-yield strategies choose to focus on the stocks with the highest dividend yields.

ProShares launches inverse and leveraged crude oil ETFs

Mar 27th, 2017 | By
BNP Paribas launches euro-hedged Brent Crude Oil ETC

ProShares has launched two new ETFs providing triple leveraged and triple inverse leveraged access to West Texas Intermediate crude oil. The ProShares UltraPro 3x Crude Oil ETF (NYSE: OILU) and ProShares UltraPro 3x Short Crude Oil ETF (NYSE: OILD) track the daily performance of the Bloomberg WTI Crude Oil Subindex, providing 3x and -3x exposure respectively.

Big bets on oil remain stalwart, despite bearish signals

Feb 16th, 2017 | By
Big bets on oil remain stalwart, despite bearish signals

Oil traders for the last two weeks have shrugged off reports that U.S. stockpiles are brimming at their largest levels ever recorded, as the market continues to bet that crude prices will climb higher. Oil has maintained its buoyancy because the market is betting that cuts by the Organization of the Petroleum Exporting Countries (OPEC) will largely rebalance the oil market, despite continued production increases from shale formations in the United States.

US ETF providers generate $6bn in annual revenue

Oct 19th, 2016 | By
Lyxor launches short term high yield bond ETF on LSE

The ETF industry has a revenue-generating potential of around $6bn per year in the US alone, according to data from FactSet Research Systems. The figure, approximated by summing the “annual revenue potential” of each US-listed ETF, is mainly derived from low-cost, “plain vanilla” ETFs which generate roughly $3.8bn in revenue. More exotic and specialised products, although making up just 28% of US ETF assets, generate a healthy $2.2bn in revenue due to their ability to command higher fees.

ProShares launches ‘K-1 free’ actively managed crude oil ETF

Sep 30th, 2016 | By
Global Oil: OPEC – Blowout or Busted?

ProShares has launched the first crude oil ETF to deliver 1099 tax forms to the investor instead of the less desirable K-1 tax form. The ProShares K-1 Free Crude Oil Strategy ETF (Bats: OILK) is registered under the Investment Company Act of 1940, unlike other crude oil ETFs which are commodities partnerships. The fund uses active management to enhance returns through an optimised futures rolling strategy.

S&P Dow Jones research points to potential gains for VIX ETFs

Aug 22nd, 2016 | By
Sterling ETFs set for volatility as triggering of Article 50 nears

A note from S&P Dow Jones Indices suggests that the CBOE Volatility Index (VIX) could be poised to increase sharply from this week, citing seasonal trends as well as expectations derived from the VIX futures curve. For investors looking to protect their portfolios from rising volatility, VIX-linked exchange-traded products, such as the Boost S&P 500 VIX Short-Term Futures 2.25x Leverage Daily ETP (VIXL), could provide an effective hedge. Similarly, for traders with shorter time horizons the current calm could present an opportunity to take out speculative long positions in such products, which would profit from an increase in volatility.