
ProShares introduced a set of ETFs on June 26 that protect investors from daily market losses while providing exposure to potential gains. The funds, ProShares S&P 500 Dynamic Buffer ETF (BATS:FB), ProShares Nasdaq-100 Dynamic Buffer ETF (NASDAQ:QB), and ProShares Russell 2000 Dynamic Buffer ETF (BATS:RB), each have an expense ratio of 0.58%.
FB holds 503 big-cap stocks with a mean market cap of $105.8 billion; QB holds 101 technology-dominant companies, averaging $299.1 billion in market cap; RB follows 1,929 small-cap stocks, averaging $1.3 billion in market cap.