REWProShares UltraShort Technology
REW Fund Description
REW provides 2x leveraged inverse exposure to a market-cap-weighted index that measures the performance of large US technology companies.
REW Factset Analytics Insight
REW aims to offer investors a means of playing out their bearish bets on the technology sector. The fund provides 2x leveraged inverse exposure to the Dow Jones US Technology Index—a market-cap-weighted index of US tech companies as classified by S&P Dow Jones. The fund typically includes companies engaged in computer and office equipment, software, semiconductors, tech and communication equipment, and internet services. As a geared product with daily resets, REW is designed to be a short-term trading vehicle—not a long-term investment. As a result, the fund’s long-term returns are difficult to predict due to compounding and path dependency.
REW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of REW. REW is rated a N/A out of 5.