RXD

ProShares UltraShort Health Care
CLOSING PRICECHANGE (%)VOLUME
$40.13-- (--)90
4:00:00 p.m. (ET) 02/16/2017
PRE-MARKET SESSION
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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RXD Fund Description

The ProShares UltraShort Health Care provides -2x exposure to a market-cap-weighted index of US financial services companies.

RXD FactSet Analytics Insight

RXD provides daily geared inverse (-2x)a very poor and expensive trading vehicle exposure to the Dow Jones US Health Care Index. It charges 95 bps for holding swaps on the index and the iShares US Healthcare ETF (IYH). The index has about a 65% stake in the pharmaceuticals alone, making RXD, in essence, a leveraged bet against the pharmaceutical industry. RXD has next to nothing in AUM and carries a high fund-closure risk. It has nonexisting liquidity, with low daily trading volume and wide spreads, making RXD a very poor and expensive trading vehicle. Considering RXD is a tactical tool, the onerous costs of trading undermine the product’s usefulness. Due to daily compounding, it’s unlikely to achieve its stated exposure and returns for longer than a 1-day period.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Bats BZX Real-time Quote - 09:15:22
Average Spread
Premium/Discount
Volume

RXD FactSet Analytics Block Liquidity

As of 02/20/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RXD. RXD is rated a 5 out of 5.

RXD Summary Data

01/30/07
Open-Ended Fund
0.95%
$2.46 M

RXD Portfolio Data

0.11%
03/22/17

RXD Index Data

Market Cap
Market Cap
N/A

RXD Fund Structure

Yes
No
0% / 100%
N/A
N/A
High
-2x
Daily

RXD Tax Exposures

20.00% / 39.60%
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No

RXD Tradability

1,255
$65.45 K
616
$38.69 K
0.98%
0.04%
2.68% / -3.72%
None
25,000
0.02
0.02%
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$40.13
5