SKYU - ProShares Ultra Nasdaq Cloud ETF
|Trading Day||April 21|
|Day's Range||40.75 - 42.17|
|52-Week Range||34.05 - 52.28|
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.
|Asset Class |
|Inception Date |
Jan 19, 2021
|Ticker Symbol |
|Index Tracked |
ISE CTA Cloud Computing Index
Top 10 Holdings213.92% of assets
|Ise Cloud Computing Index Swap Bank Of America Na||n/a||85.65%|
|Ise Cloud Computing Index Swap Goldman Sachs International||n/a||64.46%|
Thanks to an increased reliance on technology last year, given the shift to working at home, among other reasons, thematics really took off. This charge forward should be carrying into 2021.
When it comes to sector exchange-traded funds, it's hard to find funds that are more revered — and better performing — than technology fare.