A high-fee fund is more likely to generate income for the firm than a low-fee fund, especially after holding growth rates and assets constant. This is a list of all ETFs traded in the USA which are currently tagged by ETF Database. 05/31/2022. In reality, these structured investments are just ways for the industry to increase revenues generated from the creation, sale, and management of these products. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to enhance returns and manage risk. Watch how they react to different market conditions and conduct your due diligence. According to reports, investors can expect to receive their liquidation amounts on or around April 3. The funds are scheduled to cease trading on 5 August 2019. 3-month fund flows is a metric that can be used to gauge the perceived popularity amongst investors of ProShares relative to other ETF brands. Not acting means they ride out the looming fund liquidation. Unfortunately for investors, ProShares UltraPro Short Financial Select Sector, is one of six funds that ProShares is closing, three pairs of up-and-down ETFs designed to provide 3x and -3x exposure to their underlying indexes. ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor. Furthermore, this paper is evidence that fund closures are often forecastable. ProShares and all other ETF brands are ranked based on their aggregate 3-month fund flows. This list of ProShares ETFs is organized alphabetically. At Morningstar Inc., we have the data to help investors identify potential fund closures. All values are in U.S. dollars. Consult a broker, advisor or otherfinancial professional before making any ETF trades. Any shareholders remaining in the funds will have their shares redeemed at net asset value on or about May 12, 2022 (ProShares Trust II) or May 17, 2022 (ProShares Trust). Note: Always consult with a financial professional for the most up-to-date information and trends. You should consult an attorney for individual advice regarding your own situation. ProShares Funds ProShares offers numerous alternative exchange-traded funds. Acting means they must consider replacing the fund. Blog, Current Investigations. Financial professionals and brokerage firms have a duty to recommend only investments that are appropriate for the client based on the clients age, investment experience, net worth, and investment objectives. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. The funds will close to new creations on March 27, then cease trading on March 30.According to reports, investors can expect to receive their liquidation amounts on or around April 3. For many investors, fund closure itself is not the problem. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Separate ProShares Trust II prospectuses are available for Volatility, Commodity, and Currency ProShares. GEARED PROSHARES HAVE DAILY PERFORMANCE OBJECTIVESGeared (leveraged or short) ProShares ETFs seek returns that are a multiple of (e.g., 2x or -2x) the return of a benchmark (target)for a single day, as measured from one NAV calculation to the next. Symbol Name Sponsor Category1 Category2 Close Date; ALTS: ProShares Morningstar Alternatives Solution ETF: ProShares: Alternatives: Other: 05/22/2022: BIF: Boulder Growth & Income Fund Inc. CEF: TWM Funds: US Equity . ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. ProShares now offers one of the largest lineups of ETFs, with more than $60 billion in assets. The name of each fund should give you a strong idea of its underlying benchmark and its investing goal. . Dollars. Here is a look at ETFs that currently offer attractive short selling opportunities. This article is not investment advice, and it is not intended as investment advice. Transparency is our policy. Investments in smaller companies typically exhibit higher volatility. ProShares and all other ETF brands are ranked based on their aggregate assets under management (AUM). Last updated on Feb 27, 2023. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. In addition to price performance, the 3-month return assumes the reinvestment of all dividends during the last 3 months. BETHESDA, MD March 11, 2022 ProShare Advisors and ProShare Capital Management announced today plans to liquidate and close six ProShares Trust ETFs and two ProShares Trust II ETFs, based on an ongoing review of ProShares product offerings. If so, The White Law Group may be able to help you recover your losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment. In general, alternative investments are those outside long-only positions in traditional asset classes, such as stocks and bonds. As with any investment, there's risk involved, so make sure you're aware of all the pros and cons of any ETF you're considering. The outcome of this study coalesces around one central point: The fear of closure may be misplaced. BIB - Ultra Nasdaq Biotechnology ETF. For more on risks, please read theprospectus. ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor. Weve received your registration, and you can expect to receive a confirmation email to the email address provided. ProShares ETFs are generally 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. Similar to other debt securities, ETNs have a maturity date and are backed only by the credit of the issuer. See also the list of upcoming closures. Investment Losses? ProShares Geared Funds Annual. Your use of this site signifies that you accept our Terms and Conditions of Use. In reality, these structured investments are just ways for the industry to increase revenues generated from the creation, sale, and management of these products. There is no guarantee any ProShares ETF will achieve its investment objective. The name of each fund should give you a strong idea of its underlying benchmark and its investing goal. . Index Change Details . 2015 by The White Law Group, LLC All rights reserved. Many of these investments are packaged as a way for investors to avoid the volatility of the market or capture growth in a particular sector. In general, alternative investments are those outside long-only positions in traditional asset classes, such as. mitataksemme sivustojemme ja sovellustemme kyttsi. ProShares is shutting three of its ETFs later this summer. ION is the first ETF to invest only in companies mining battery metals. There is no guarantee any ProShares ETF will achieve its investment objective. U.S.-based Proshares launched its Bitcoin Strategy ETF (BITO) in October. Funds tend to leave a trail of signals that closure is inevitable. Unfortunately for investors, ProShares UltraPro Financial Select Sector, is one of six funds that ProShares is closing, three pairs of up-and-down ETFs designed to provide 3x and -3x exposure to their underlying indexes. ProShares Geared Funds Quarterly Holdings, ProShares Strategic Funds Quarterly Holdings, ProShares Short Euro ETF (EUFX) Report in Liquidation 2022, ProShares UltraShort Australian ETF (CROC) Report in Liquidation 2022, Discover opportunities in market volatility. performance metrics, and other data. 3-month fund flows is a metric that can be used to gauge the perceived popularity . If you have questions or need support, please feel free to, Discover opportunities in market volatility. These 37 funds have been closed by their sponsor in the past 12 months. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. The fund is an actively managed ETF. ProShares ETFs in the, This resource allows comparisons of potential, This tool allows investors to compare two ETFs head-to-head, presenting holdings, ProShares and all other ETF brands are ranked based on their AUM-weighted average expense ratios. The ETFs have been trading for years and have not gathered significant assets. It is events preceding closurethe outflows, the liquidations, the underperformancethat tend to harm investors. The entire ETF/ETP market saw total global assets. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. On or about May 3, 2022, the funds will begin the process of liquidating their portfolios and will no longer be managed in accordance with their investment objectives. The changes, highlighted below, will apply to 23 ProShares ETFs and 30 ProFunds Mutual Funds. These products, under ProShares Geared category, seek returns that are equal to, double or triple the return of an index or other benchmark in a day. The White Law Group continues to investigate the liability that brokerage firms may have for recommending complex and risky ETNs like FINU to investors. Therefore, the lower risk of closure for a more-expensive fund makes sense. Before investing, read each funds prospectus to fully understand all the risks and benefits. ETF Database Categories . How we use your information depends on the product and service that you use and your relationship with us. Due to thecompoundingof daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. The fund adviser seeks to provide capital appreciation primarily through managed exposure to bitcoin futur Read More, The investment seeks capital appreciation from the decline of bricks and mortar retailers through short exposure (-1x) to the Solactive-ProShares Bric Read More, The investment seeks investment results, before fees and expenses, that track the performance of the Dow Jones Brookfield Global Infrastructure Compos Read More, The investment seeks investment results, before fees and expenses, that track the performance of the Nasdaq U.S. Large Cap Equities for Rising Rates I Read More, The investment seeks investment results, before fees and expenses, that track the performance of the LPX Direct Listed Private Equity Index (the "inde Read More, The investment seeks investment results, before fees and expenses, that track the performance of the Merrill Lynch Factor Model-Exchange Series (the " Read More, The investment seeks investment results, before fees and expenses, that track the performance of the FTSE High Yield (Treasury Rate-Hedged) Index (the Read More, The investment seeks investment results, before fees and expenses, that track the performance of the FTSE 30-Year TIPS (Treasury Rate Hedged) Index (t Read More, The investment seeks investment results, before fees and expenses, that track the performance of the FTSE Corporate Investment Grade (Treasury Rate-He Read More.