ProShares UltraShort Technology (Ticker: REW) is a dynamic exchange-traded fund (ETF) designed for investors seeking to capitalize on downward trends in the Information Technology sector. This ETF is strategically positioned within the sector-focused category, offering a unique opportunity to engage with a broad-based niche dedicated to technology stocks. By employing a leveraged strategy, REW aims to deliver twice the inverse daily performance of the Dow Jones U.S. Technology Index, making it an ideal choice for sophisticated investors who anticipate declines in the tech market or wish to hedge their portfolios against potential downturns in this volatile sector. The fund's focus on short-selling technology stocks allows investors to potentially profit from market corrections, while its comprehensive coverage of the technology landscape ensures a diversified exposure. With ProShares UltraShort Technology, investors can navigate the complexities of the tech market with precision and agility, making it a compelling tool for those looking to balance risk and reward in their investment strategies.
ProShares UltraShort Technology (REW) Fund Flow Chart
ProShares UltraShort Technology (REW) 1 year Net Flows: 898K
REW ETF FAQ
What was REW’s price range in the past 12 months?
REW lowest ETF price was 9.26 and its highest was 17.22 in the past 12 months.
What is the AUM of REW?
As of Apr 15, 2025 The AUM of REW is 4.75M.
Is REW overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does REW pay dividends?
REW pays a Quarterly dividend of 0.096 which represents an annual dividend yield of 4.83%. See more information on REW dividends here
How many shares outstanding does REW have?
Currently, no data Available
Which hedge fund is a major shareholder of REW?
Currently, no hedge funds are holding shares in REW