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Four New ProShares Funds

Leveraged ETF player ProShares is broadening its lineup, bringing to market four new 2x leveraged funds that track international markets. The new funds are all counterparts to existing 2x inverse offerings, and should attract more investors as international markets have recovered nicely YTD.

ProShares is the US market’s largest leveraged ETF provider, and the fifth largest manager overall with USD 26 billion under management. It is also the industry’s fastest growing firm, with its USD 10 billion gross YTD inflows second only to its much larger rival iShares.

The new funds are the following:

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