ProShares Expands Popular Geared Financials ETF Lineup

Launches 3x and -3x Financials ETFs:….…

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– FINU seeks to provide 3x the daily performance of the Dow Jones U.S. Financials IndexSM, before fees and expenses.
– FINZ seeks to provide -3x the daily performance of the Dow Jones U.S. Financials IndexSM, before fees and expenses.

“Financials have been one of the most dynamic parts of the market and many investors are eeking to manage risk or potentially take advantage of moves by the sector,” said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares’ investment advisor. “Our existing geared financials ETFs have raised more than $1 billion1 of assets and we are pleased to offer additional ways for investors to manage their exposure to this important market segment.”

The introduction of FINU and FINZ expands ProShares’ lineup of geared financials ETFs to five. ProShares offers the nation’s largest lineup of alternative ETFs2 which includes the world’s largest family of geared ETFs,3 with assets of nearly $22 billion.

New financial sector ETFs:

Source: ETFWorld – ProShares ETFs

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)