Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Chandrima Sanyal

ProShares Launches ETFs That Reset Daily—So You Don't Have To Panic When Markets Are Choppy

Etf,Exchange,Traded,Fund,Trading,Investment,Business,Finance,Concept,On

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.