| Investment Objective: |
ProShares Supply Chain Logistics ETF seeks investment results, before fees and expenses, that track the performance of the FactSet Supply Chain Logistics Index. The index includes 40 of the largest companies, by adjusted market capitalization, that generate 75% or more of their revenue from products or services produced or provided by one or more of the applicable 17 FactSet Revere Business Industry Classification System subindustries "RBICS subindustries" for short. If fewer than 25 companies meet the percentage revenue criterion, the index provider will reduce the revenue threshold to 50% and select for inclusion those companies that have the highest percentage of revenue from products or services associated with the eligible RBICS Sub Industries, until the Index reaches 25 constituents. FactSet Supply Chain Logistics Index is designed to track the performance of companies involved in supply chain logistics that are responsible for moving raw materials, intermediate goods, and finished products around the globe, as determined by the index methodology. |
