NASDAQ | ETF
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index.
The index is designed to measure the performance of the 21 securities from the index with the highest momentum.
Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 7.25% |
| MU | Micron Technology Inc | Technology | Semiconductors | 6.10% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 5.57% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 5.54% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 5.49% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 5.49% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 5.37% |
| INTC | Intel Corporation | Technology | Semiconductors | 4.89% |
| CPRT | Copart Inc | Industrials | Specialty Business Services | 4.88% |
| MCHP | Microchip Technology Inc | Technology | Semiconductors | 4.85% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 4.73% |
| TEAM | Atlassian Corp Plc | Technology | Software - Application | 4.63% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.62% |
| PLTR | Palantir Technologies Inc. | Technology | Software - Infrastructure | 4.55% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.53% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 4.52% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 4.47% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 4.46% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.43% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 4.42% |