‘ ProShares ’

Inverse & leveraged ETF AUM reaching record highs, finds ETFGI

Nov 14th, 2017 | By
ARK launches Transparency ETF

Assets invested in inverse and leveraged ETFs listed globally increased 14.1% in the first nine months of 2017 to reach a new record high of $77.1 billion, according to London-based ETF industry consultant ETFGI.

TD Ameritrade unveils largest commission-free ETF program

Oct 17th, 2017 | By
BlackRock cuts fees on $200bn worth of ETFs

Nebraska-based brokerage firm TD Ameritrade has announced a major increase in the scope of its commission-free ETF trading platform, tripling the number of ETFs available from 100 to 296. The expansion means TD Ameritrade now offers the largest commission-free ETF trading program in the industry.

ProShares to close 13 ETFs

Aug 1st, 2017 | By
Horizons to close its actively managed US dividend ETF

ProShares, a US-based provider specializing in inverse and leveraged ETFs, has announced it is closing 13 funds in its line-up. 

ProShares launches US equity ETF for rising rates

Jul 25th, 2017 | By
Federated Hermes enters the ETF arena

ProShares has launched the ProShares Equities for Rising Rates ETF (Nasdaq: EQRR), the first US equity ETF designed to outperform traditional large-cap indices, such as the S&P 500, in a rising interest rate environment.

SEC sends mixed message over leveraged ETFs

May 22nd, 2017 | By
SEC sends mixed message over leveraged ETFs

The Securities and Exchange Commission (SEC) appears to be sending out contradictory signals regarding the use of leveraged ETFs following the approval and subsequent review of two new quadruple leveraged ETFs.

Quadruple leveraged ETFs to hit US shores

May 5th, 2017 | By
Quadruple leveraged ETFs to hit US shores

The Securities and Exchange Commission has approved a request to list quadruple-leveraged exchange-traded funds in the US.

ProShares examines interest-rate sensitivity of dividend ETFs

May 5th, 2017 | By
Roundhill launches US ‘Dividend Monarchs’ ETF

US ETF provider ProShares has found that dividend-grower strategies have historically outperformed high-dividend-yield strategies in both periods of rising and falling rates. Dividend-grower strategies target stocks that consistently grow their dividends over time while high-dividend-yield strategies choose to focus on the stocks with the highest dividend yields.

ProShares launches inverse and leveraged crude oil ETFs

Mar 27th, 2017 | By
ProShares upgrades index behind controversial leveraged oil ETPs

ProShares has launched two new ETFs providing triple leveraged and triple inverse leveraged access to West Texas Intermediate crude oil. The ProShares UltraPro 3x Crude Oil ETF (NYSE: OILU) and ProShares UltraPro 3x Short Crude Oil ETF (NYSE: OILD) track the daily performance of the Bloomberg WTI Crude Oil Subindex, providing 3x and -3x exposure respectively.

Big bets on oil remain stalwart, despite bearish signals

Feb 16th, 2017 | By
Bullish oil investors drive WisdomTree’s CRUD to $2.5bn milestone

Oil traders for the last two weeks have shrugged off reports that U.S. stockpiles are brimming at their largest levels ever recorded, as the market continues to bet that crude prices will climb higher. Oil has maintained its buoyancy because the market is betting that cuts by the Organization of the Petroleum Exporting Countries (OPEC) will largely rebalance the oil market, despite continued production increases from shale formations in the United States.

US ETF providers generate $6bn in annual revenue

Oct 19th, 2016 | By
High yield ETFs attracting significant inflows

The ETF industry has a revenue-generating potential of around $6bn per year in the US alone, according to data from FactSet Research Systems. The figure, approximated by summing the “annual revenue potential” of each US-listed ETF, is mainly derived from low-cost, “plain vanilla” ETFs which generate roughly $3.8bn in revenue. More exotic and specialised products, although making up just 28% of US ETF assets, generate a healthy $2.2bn in revenue due to their ability to command higher fees.