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 U.S. Technology Index—a market-cap weighted index of US tech companies as classified by S&P Dow Jones. Currently, Apple, Google, and Microsoft take up a sizable chunk of the index. Keep in mind that REW is designed to be a short-term trading vehicle—not a long-term investment. The fund rebalances its exposure on a daily basis. As a result, REW’s long-term returns are difficult to predict due to compounding and path dependency. With less than $5M in assets, and a median daily dollar volume well below $100K, it’s safe to say investors haven’t paid much attention to the fund.
REW CHARTS AND PERFORMANCE
REW Summary Data
REW Portfolio Data
REW Index Data
REW Fund Structure
REW Tax Exposures
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 5 out of 5.