RXD

ProShares UltraShort Health Care
LAST TRADECHANGE (%)VOLUME
$33.16-- (--)105
4:00:00 p.m. (ET) 07/19/2017
BID SIZEBID ($)ASK ($)ASK SIZE
50032.3932.76500

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----
10034.87
10034.05
50032.77
50032.76
BIDS50032.39
50032.38
10031.09
10030.25
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 14:40:51
Daily Spread
Premium/Discount
Volume

RXD FactSet Analytics Block Liquidity

As of 07/20/17
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%
$1.21 M

RXD Portfolio Data

0.53%
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

377
$19.76 K
6
$0
1.01%
0.11%
5.00% / -4.37%
None
25,000
0.00
0.03%
--
$33.16
5