BUYB

ProShares S&P 500 Buyback Aristocrats ETF employs a passive management approach designed to track the total return performance of the S&P 500 Buyback Aristocrats Index, which measures the performance of a minimum of 40 U.S. large-capitalization companies within the S&P 500 Index that have consistently reduced their common shares outstanding for at least 10 consecutive years. The replication strategy utilizes an equal-weighting methodology reset quarterly to capture potential outperformance from high-quality firms exhibiting disciplined capital management and high profitability.