Proshares Russell 2000 Dynamic Buffer ETF seeks investment results, before fees and expenses, that track the performance of the Cboe Russell 2000 Daily Buffer Index. The index measures the performance of this Dynamic Buffer Strategy based on the Russell 2000 Index using a long position in the Russell 2000 Index along with three different Russell 2000 Index options that have one day to expiration. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
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