ProShares Launches Leveraged ETF Targeting Equal-Weighted Nasdaq 100
ProShares introduced a new leveraged exchange-traded fund (ETF) designed to provide twice the daily returns of an equal-weighted version of the Nasdaq 100 index. This product aims to reduce concentration in mega-cap stocks by giving each company within the index similar weight, potentially offering more balanced exposure to growth companies.
Topics: ETFs Leveraged ETF Nasdaq 100