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 |
|---|---|---|---|---|
| WDC | Western Digital Corporation | Technology | Computer Hardware | 6.83% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 6.22% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 5.57% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 5.51% |
| ROST | Ross Stores Inc | Consumer Cyclical | Apparel Retail | 5.50% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 5.37% |
| MU | Micron Technology Inc | Technology | Semiconductors | 5.15% |
| KLAC | KLA Corporation | Technology | Semiconductor Equipment & Materials | 5.12% |
| ASML | ASML Holding NV ADR | Technology | Semiconductor Equipment & Materials | 5.08% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 4.94% |
| CPRT | Copart Inc | Industrials | Specialty Business Services | 4.88% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 4.81% |
| INTC | Intel Corporation | Technology | Semiconductors | 4.71% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 4.66% |
| TEAM | Atlassian Corp Plc | Technology | Software - Application | 4.63% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 4.61% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.53% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.50% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 4.46% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.45% |