ProShares UltraShort TIPS (TPS)
- Fixed Income | Treasury Inflation Protected Securities
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series L). The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index includes all publicly issued, U.S. Treasury inflation protected securities ("TIPS") that have at least one year remaining maturity, are non-convertible, are denominated in U.S. dollars, are rated investment grade, are fixed rate. The fund is non-diversified.
Fund Snapshot Updated 04.16.2014
|Previous Close||$28.25||Expense Ratio||0.95%|
|YTD Return||6.56%||Avg. 30-Day Volume||2,160|
|1-Year Return||11.2%||Market Cap||Loading...|