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 |
|---|---|---|---|---|
| ARM | Arm Holdings plc American Depositary Shares | Technology | Semiconductors | 7.96% |
| MRVL | Marvell Technology Group Ltd | Technology | Semiconductors | 7.57% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 6.91% |
| INTC | Intel Corporation | Technology | Semiconductors | 6.50% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 5.98% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 5.37% |
| MU | Micron Technology Inc | Technology | Semiconductors | 5.35% |
| WDC | Western Digital Corporation | Technology | Computer Hardware | 5.34% |
| CPRT | Copart Inc | Industrials | Specialty Business Services | 4.88% |
| KLAC | KLA Corporation | Technology | Semiconductor Equipment & Materials | 4.81% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 4.79% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 4.76% |
| TEAM | Atlassian Corp Plc | Technology | Software - Application | 4.63% |
| MCHP | Microchip Technology Inc | Technology | Semiconductors | 4.50% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 4.46% |
| ASML | ASML Holding NV ADR | Technology | Semiconductor Equipment & Materials | 4.45% |
| 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% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Auto Parts | 4.33% |