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 | 5.68% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 5.58% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 5.51% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 5.37% |
| MU | Micron Technology Inc | Technology | Semiconductors | 5.35% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 5.24% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 5.20% |
| ASML | ASML Holding NV ADR | Technology | Semiconductor Equipment & Materials | 5.14% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 4.98% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 4.91% |
| CPRT | Copart Inc | Industrials | Specialty Business Services | 4.88% |
| TEAM | Atlassian Corp Plc | Technology | Software - Application | 4.63% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.59% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.59% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.53% |
| MCHP | Microchip Technology Inc | Technology | Semiconductors | 4.50% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 4.46% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.45% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.45% |
| AEP | American Electric Power Co Inc | Utilities | Utilities - Regulated Electric | 4.42% |