ProShares UltraShort Technology (REW)
ProShares
- Page updated:
- Sep 8, 2026
- Data as of:
- Sep 4, 2026
Fund identity
- Ticker
- REW
- Fund name
- ProShares UltraShort Technology
- Fund type
- ETF
- Currency
- USD
- Domicile
- US
- Inception
- Jan 30, 2007
Structure and strategy
- Sponsor
- ProShares
- Management approach
- Geared / Daily Reset
- Strategy
- Seeks daily investment results, before fees and expenses, corresponding to -2x the daily performance of the S&P Technology Select Sector Index.
- Portfolio scope
- Daily -2x economic exposure to the S&P Technology Select Sector Index using derivatives plus collateral/cash
- Portfolio implementation
- Daily-reset geared exposure using swaps, futures and other derivatives as permitted
- Benchmark
- S&P Technology Select Sector Index
- Asset class
- Equity / Derivatives
- Category
- Daily Inverse Equity
- Leveraged
- Yes
- Inverse
- Yes
- Daily target multiple
- -2
The fund targets -2.0x its index return for a single trading day and resets daily. For holding periods longer than one day, returns can differ materially from the stated daily multiple because of compounding and market volatility. Substantive exposure may be represented by swaps/futures and collateral rather than a conventional stock-holdings list.
Costs and minimums
- Net expense ratio
- 0.95%
- Gross expense ratio
- 2.70%
- Contractual fee waiver through
- Sep 30, 2026
- Net expense ratio
- 0.95%
- Ongoing fee as of
- Sep 4, 2026
Size and distributions
- Assets under management
- $3M
- Assets under management scope
- Fund
- Distribution frequency
- Quarterly
Sources
- ProShares UltraShort Technology issuer fund page — ProShares · data as of Sep 7, 2026
Learn the basics
ROIStreet publishes this reference data for education and research. Figures are as of the dates shown, are not real-time quotes, and are not investment advice. Verify details with the issuer or provider before acting.