RXD

ProShares UltraShort Health Care
LAST TRADECHANGE (%)VOLUME
$31.43-- (--)4
4:00:00 p.m. (ET) 09/20/2017
BID SIZEBID ($)ASK ($)ASK SIZE
50031.4931.82500

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) 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
COMPARE
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Select ETFs to compare their performance:
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
10033.72
10032.93
50031.83
50031.82
BIDS50031.49
50031.48
10030.28
10029.50
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 15:34:08
Daily Spread
Premium/Discount
Volume

RXD FactSet Analytics Block Liquidity

As of 09/21/17
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%
$1.13 M

RXD Portfolio Data

0.91%
09/27/17

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%
--
No

RXD Tradability

283
$14.11 K
22
$6.22 K
0.90%
0.07%
6.22% / -4.37%
None
25,000
0.00
0.03%
--
$31.43
5