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 |
|---|---|---|---|---|
| WDC | Western Digital Corporation | Technology | Computer Hardware | 6.71% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 6.16% |
| MU | Micron Technology Inc | Technology | Semiconductors | 6.01% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 5.63% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 5.40% |
| PCAR | PACCAR Inc | Industrials | Farm & Heavy Construction Machinery | 5.37% |
| ROST | Ross Stores Inc | Consumer Cyclical | Apparel Retail | 5.11% |
| ASML | ASML Holding NV ADR | Technology | Semiconductor Equipment & Materials | 5.07% |
| CPRT | Copart Inc | Industrials | Specialty Business Services | 4.88% |
| KLAC | KLA Corporation | Technology | Semiconductor Equipment & Materials | 4.82% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 4.72% |
| INTC | Intel Corporation | Technology | Semiconductors | 4.72% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.65% |
| TEAM | Atlassian Corp Plc | Technology | Software - Application | 4.63% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 4.54% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 4.53% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 4.47% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 4.47% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 4.46% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.45% |