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PRRCX

$--
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1d
1w
1m

Analysis and statistics

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About

PRRCX.US represents the ProShares Ultra Semiconductors ETF. This exchange-traded fund (ETF) aims to provide daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Semiconductors Index. This index tracks the performance of U.S. companies involved in the design, manufacture, distribution, and service of semiconductors. As a leveraged ETF, PRRCX is designed for short-term trading and is not suitable for long-term investment due to the effects of compounding, which can significantly deviate from the target multiple over extended periods.
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Factors

PRRCX.US, like other mutual funds, is influenced by several factors: Market Performance: Overall market trends significantly impact fund value. Underlying Holdings: Performance of securities held within the fund drives price. Interest Rates: Changes in interest rates affect bond values within the fund. Expense Ratio: The fund's operating costs reduce returns and impact the price. Fund Manager Decisions: Investment strategies and security selections matter. Investor Demand: High demand can push the price higher, and vice versa.

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