ProShares Launches Only ETF to Target 2x Daily Returns of the S&P 500 Equal Weight Index
World’s largest provider of leveraged and inverse ETFs expands lineup with novel way to magnify returns of S&P 500 companies.
Unlike the traditional S&P 500, which weights stocks by market capitalization, the S&P 500 Equal Weight Index assigns each company a uniform weight of
“The S&P 500 for a long time has been the most widely followed
ProShares pioneered the leveraged and inverse ETF category nearly two decades ago and remains the largest provider in the world,3 offering funds linked to major stock indexes, single stocks, fixed income, commodities, currencies, cryptocurrencies, and volatility.
About ProShares
ProShares has been at the forefront of the ETF revolution since 2006. ProShares manages over
Sources:
1 Bloomberg, as of 7/31/25.
2 Bloomberg, as of 8/21/25.
3 Morningstar, as of 7/31/25.
4 Includes assets of both ProShares ETFs and its mutual fund affiliate, ProFunds, as of 8/20/25.
Geared ProShares ETFs seek daily investment results that correspond, before fees and expenses, to a multiple of (e.g., 2x or -2x) the daily performance of its underlying benchmark (the “Daily Target�). While the Funds have a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.
Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. The ETF may concentrate its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility. Technology companies may experience intense competition, obsolescence of existing technology, changing economic conditions, and government regulation. Investors could potentially lose the full value of their investment within a single day. Please see the summary and full at ProShares.com for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.
Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full at ProShares.com. Read them carefully before investing.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds� advisor or sponsor.
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Source: ProShares