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 |
|---|---|---|---|---|
| MU | Micron Technology Inc | Technology | Semiconductors | 7.76% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 7.14% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 6.60% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 5.83% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 5.37% |
| MCHP | Microchip Technology Inc | Technology | Semiconductors | 5.25% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.91% |
| CPRT | Copart Inc | Industrials | Specialty Business Services | 4.88% |
| INTC | Intel Corporation | Technology | Semiconductors | 4.88% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 4.66% |
| TEAM | Atlassian Corp Plc | Technology | Software - Application | 4.63% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 4.56% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 4.55% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.53% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 4.46% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 4.44% |
| AEP | American Electric Power Co Inc | Utilities | Utilities - Regulated Electric | 4.42% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.42% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.36% |
| PLTR | Palantir Technologies Inc. | Technology | Software - Infrastructure | 4.35% |