ProShares Launches First Inverse China, Real Estate, Materials ETFs

by on March 18, 2010 | ETFs Mentioned:

ProShares launched three new inverse ETFs on Thursday, bringing the number of single inverse equity and bond ETFs to 14. The new funds are the first to offer single inverse exposure to Chinese equities, real estate, and the basic materials sector. “Our existing double inverse ETFs based on these indexes are popular, but some investors prefer the lower volatility of single inverse exposure,” said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares’ investment advisor. “ProShares is committed to offering the broadest array of inverse ETFs to help knowledgeable investors protect their portfolios or potentially benefit from market dips.” The new ETFs are:

These three funds join existing ProShares products offering 200% daily leveraged and -200% daily leveraged exposure to the same benchmarks. ProShares has now launched at least 13 new ETF products in 2010, including the company’s first 300% and -300% funds last month.

Read more about each of the new ETF offerings here.

Disclosure: No positions at time of writing.