ProShares Ultra Technology Company profile
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. Component companies include, among others, those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services. This ETF offers 2x daily long leverage to the Dow Jones U.S. Technology Index, making it a powerful tool for investors with a bullish short-term outlook for technology equities.