Three ProShares Short ETFs List on NYSE Arca

NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca began trading the..…

ProShares Short FTSE/Xinhua China 25 (Ticker: YXI), the ProShares Short Real Estate(Ticker: REK), and the ProShares Short Basic Materials (Ticker: SBM) ETFs. The ETFs are sponsored by ProShares.

ProShares Short FTSE/Xinhua China 25
The Fund seeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the FTSE/Xinhua China 25 Index^®. The Index is comprised of 25 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.

ProShares Short Real Estate
The Fund seeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate^SM Index.  The Index measures the performance of the real estate sector of the U.S. equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (“REITs”) that invest in apartments, office and retail properties.

ProShares Short Basic Materials
The Fund seeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Basic Materials^SM Index. The Index measures the performance of the basic materials industry of the U.S. equity market. Component companies are involved in the production of aluminum, steel, non ferrous metals, commodity chemicals, specialty chemicals, forest products, paper products, as well as the mining of precious metals and coal.

These funds seek a -100% return, respectively, of their indexes for a single day. Due to the compounding of daily returns, returns over periods other than one day will likely differ in amount and possibly direction from the target returns for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily.

Source: ETFWorld – NYSE Euronext (NYX)