About ProShares Ultra Semiconductors (USD)

The ProShares Ultra Semiconductors (USD) is an exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Semiconductors Index. The ETF is managed by ProShares, a leading provider of leveraged and inverse ETFs.

The ProShares Ultra Semiconductors (USD) ETF provides investors with a way to gain exposure to the semiconductor industry, which is a critical component of the global technology sector. Semiconductors are used in a wide range of electronic devices, including computers, smartphones, and consumer electronics. The demand for semiconductors tends to be cyclical, with periods of strong growth followed by periods of slower growth.