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ETFs

ProShares Trust ProShares Equities for Rising Rates ETF

EQRR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 24 2017
Expense Ratio
0.35%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$196,498
AUM
$29,677,885
Associated Index
Nasdaq U.S. Large Cap Equities for Rising Rates Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Marathon Petroleum Corp
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Ovintiv Inc
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FANG
Diamondback Energy Inc
3.35%
MRO
Marathon Oil Corporation
3.33%
HES
Hess Corporation
3.23%
PXD
Pioneer Natural Resources Co.
3.15%
EOG
EOG Resources, Inc.
3.13%
DVN
Devon Energy Corp.
2.82%
Invest with EQRR

What is EQRR?

ProShares Equities for Rising Rates ETF (the Fund ) seeks investment results, before fees and expenses, that track the per- formance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index (the Index ). The goal of the Index is to provide relative outperformance, as compared to traditional large-cap indexes, during periods of rising U.S. Treasury interest rates ( interest rates ). The Nasdaq US Large Cap Equities for Rising Rates Index consists of US securities whose stock prices have historically exhibited relatively high correlation to movements in interest rates. The Index contains 50 stocks across 5 sectors.

ETFs related toEQRR

ETFs correlated to EQRR include VFVA, DFUV, DFLV

EQRR
ProShares Trust - ProShares Equities for Rising Rates ETF
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income ETF
BSVO
EA Series Trust - EA Bridgeway Omni Small-Cap Value ETF
RDVY
First Trust Exchange-Traded Fund III - First Trust Rising Dividend Achievers ETF
COWZ
Pacer Funds Trust - Pacer US Cash Cows 100 ETF
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
FDL
First Trust Exchange-Traded Fund III - First Trust Morningstar Dividend Leaders Index Fund
SYLD
Cambria Investment Management LP - Cambria Shareholder Yield ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEQRR

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with EQRR using Composer

FAQ

EQRR is a US Equities ETF. ProShares Equities for Rising Rates ETF (the Fund ) seeks investment results, before fees and expenses, that track the per- formance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index (the Index ). The goal of the Index is to provide relative outperformance, as compared to traditional large-cap indexes, during periods of rising U.S. Treasury interest rates ( interest rates ). The Nasdaq US Large Cap Equities for Rising Rates Index consists of US securities whose stock prices have historically exhibited relatively high correlation to movements in interest rates. The Index contains 50 stocks across 5 sectors.

EQRR tracks the Nasdaq U.S. Large Cap Equities for Rising Rates Index.

No, EQRR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EQRR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EQRR is -0.0043%. This is the percent change in the value of EQRR over the most recent 1-month period. The 3-month return on EQRR is 0.0652%. This is the percent change in the value of EQRR over the most recent 3-month period.

The standard deviation of EQRR for the past year is 0.2595%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EQRR include SPHQ, DSI, and QUAL.

ETFs correlated to EQRR include VFVA, DFUV, and DFLV.

ETFs that are inversely correlated to EQRR include FAZ, BNKD, and TZA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.