RXD

ProShares UltraShort Health Care

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
RESET
Select ETFs to compare their performance:
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
10033.52
10032.73
50031.79
50031.78
BIDS50031.38
50031.37
10029.91
10029.13
----
LAST 10 TRADES
TIMEPRICESHARES
------
------
------
------
------
------
------
------
------
------
Bats BZX Real-time Quote - 13:38:19
Daily Spread
Premium/Discount
Volume

RXD Factset Analytics Block Liquidity

As of 11/22/17
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

ProShares
01/30/07
Open-Ended Fund
0.95%
$1.14M
0.34%

RXD Portfolio Data

1.23%
12/26/17

RXD Index Data

Market Cap
Market Cap
N/A

RXD Fund Structure

Yes
No
No Policy
N/A
N/A
High
-2
Daily

RXD Tax Exposures

20% / 39.6%
--
No

RXD Tradability

2,377
$77.88K
519
$17.49K
0.34%
0.13%
6.22% / -4.37%
None
25,000
0.02
0.03%
--
$31.43
5