UltraShort Consumer Services

ProShares Ultra Consumer Services seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Services IndexSM.

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Index/Benchmark Summary

The Dow Jones U.S. Consumer Services Index measures the performance of consumer spending in the services industry of the U.S. equity market. Component companies include airlines, broadcasting and entertainment, apparel and broadline retailers, food and drug retailers, media agencies, publishing, gambling, hotels, restaurants and bars, and travel and tourism.

As of 3/31/12

Fundamentals

Total Number
of Companies
Price/Earnings
Ratio
Price/Book
Ratio
Dividend Yield *
(%)
Average
Index Market
Capitalization
 197 18.33  3.10 1.48 $9.35 billion  

* Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Top 10 Index Companies Weight
Wal-Mart Stores Inc. 5.80%
McDonald's Corp. 5.50%
The Home Depot Inc. 4.21%
The Walt Disney Co. 3.96%
Amazon.com Inc. 3.88%
Comcast Corp.-Class A 3.41%
CVS Caremark Corp. 3.17%
Starbucks Corp. 2.26%
eBay Inc. 2.22%
Lowe's Cos. Inc. 2.15%

ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Sector Weightings § Weight
General Retailers 41.10%
Media 25.95%
Travel & Leisure 22.07%
Food & Drug Retailers 10.88%

§ Sum of weightings may not equal 100% due to rounding.