ProShares announced today the launch of two new ETFs, ProShares Ultra DJ-UBS Natural Gas (NYSE: BOIL) and ProShares UltraShort DJ-UBS Natural Gas (NYSE: KOLD).
The two new ETFs were listed on NYSE Arca today. Both ProShares Ultra DJ-UBS Natural Gas and ProShares UltraShort DJ-UBS Natural Gas are expected to provide twice the daily performance of the Dow Jones-UBS Natural Gas Subindex, before fees and expenses.
In less than three years, Proshares’ ETFs has garnered more than $2.5 billion in assets. ProShares now has ten commodities ETFs.
Enhanced Online News has provided the information for the chart below, which lists the ten ETFs.
|
ProShares |
Ticker Symbol |
Index/Benchmark |
Daily Objective |
|
New Commodity ETFs |
|||
|
Ultra DJ-UBS Natural Gas |
BOIL |
Dow Jones-UBS Natural Gas SubindexSM |
2x |
|
UltraShort DJ-UBS Natural Gas |
KOLD |
Dow Jones-UBS Natural Gas SubindexSM |
-2x |
|
Existing Commodity ETFs |
|||
|
Ultra Silver |
AGQ |
Silver Bullion price, London fix |
2x |
|
UltraShort Silver |
ZSL |
Silver Bullion price, London fix |
-2x |
|
Ultra Gold |
UGL |
Gold Bullion price, London p.m. fix |
2x |
|
UltraShort Gold |
GLL |
Gold Bullion price, London p.m. fix |
-2x |
|
Ultra DJ-UBS Crude Oil |
UCO |
Dow Jones-UBS Crude Oil SubindexSM |
2x |
|
UltraShort DJ-UBS Crude Oil |
SCO |
Dow Jones-UBS Crude Oil SubindexSM |
-2x |
|
Ultra DJ-UBS Commodity |
UCD |
Dow Jones-UBS Commodity SubindexSM |
2x |
|
UltraShort DJ-UBS Commodity |
CMD |
Dow Jones-UBS Commodity SubindexSM |
-2x |
The company has 126 funds and more than $26 billion in assets. ProShares is part of ProFunds group, which has almost $30 billion in mutual funds and ETF assets.
That’s all for now,
Cori
