EQRR

ProShares Equities for Rising Rates ETF

$63.27
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The ProShares Equities for Rising Rates ETF (EQRR) seeks to provide investment results that correspond to the performance of an index designed to benefit from rising interest rates.

Overview

ETF tracking ProShares Equities for Rising Rates ETF

Category Other
Issuer ProShares
Inception Date 2017-07-25
Market Cap $9.5M
Average Volume N/A
Dividend Yield 1.86%
52-Week Range $50.97 - $63.77
VWAP $63.07

Performance

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Investment Summary

📎 Investment Objective

The ProShares Equities for Rising Rates ETF (EQRR) seeks to provide investment results that correspond to the performance of an index designed to benefit from rising interest rates.

🎯 Investment Strategy

EQRR tracks the Nasdaq U.S. Large Cap Equities for Rising Rates Index, which aims to identify large-cap U.S. stocks that may outperform the broader market when interest rates rise. The index uses a rules-based methodology to select and weight the constituent companies.

✨ Key Features

  • Designed to potentially benefit from rising interest rate environments
  • Focuses on large-cap U.S. stocks that may perform well when rates increase
  • Passively managed to track the Nasdaq U.S. Large Cap Equities for Rising Rates Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The fund is subject to the volatility and risks associated with the U.S. equity market
  • Interest rate risk: The fund's performance may be negatively impacted if interest rates do not rise as expected
  • Tracking error risk: The fund may not perfectly track its underlying index
  • Concentration risk: The fund's performance is tied to the specific stocks in the index, which may be more volatile than the broader market

👤 Best For

This ETF may be suitable for investors seeking exposure to large-cap U.S. stocks that could potentially benefit from rising interest rates. It may be most appropriate for investors with a higher risk tolerance and a medium to long-term investment horizon.