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 |
|---|---|---|---|---|
| INTC | Intel Corporation | Technology | Semiconductors | 6.91% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 6.11% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 5.78% |
| ARM | Arm Holdings plc American Depositary Shares | Technology | Semiconductors | 5.59% |
| MCHP | Microchip Technology Inc | Technology | Semiconductors | 5.48% |
| WDC | Western Digital Corporation | Technology | Computer Hardware | 5.40% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 5.37% |
| MU | Micron Technology Inc | Technology | Semiconductors | 5.35% |
| MRVL | Marvell Technology Group Ltd | Technology | Semiconductors | 5.23% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.88% |
| CPRT | Copart Inc | Industrials | Specialty Business Services | 4.88% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 4.87% |
| MPWR | Monolithic Power Systems Inc | Technology | Semiconductors | 4.67% |
| TEAM | Atlassian Corp Plc | Technology | Software - Application | 4.63% |
| ADI | Analog Devices Inc | Technology | Semiconductors | 4.61% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 4.46% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.45% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.43% |
| AEP | American Electric Power Co Inc | Utilities | Utilities - Regulated Electric | 4.42% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.37% |