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ProShares launched 12 new ETFs on the American Stock Exchange. The ETFs carry a 0.95% expense ratio and are geared toward short and magnified exposure to six benchmarked Russell indexes. Pete Bucci from stated six of the new funds are "Ultra"-style ETFs which provide a return double of what the market brings in and vice-versa. The other six are "Ultra-Short" ETFs and they provide double the inverse of what the market returns.

  • Ultra Russell 1000 Value (UVG)
  • Ultra Russell 1000 Growth (UKF)
  • Ultra Russell MidCap Value (UVU)
  • Ultra Russell MidCap Growth (UKW)
  • Ultra Russell 2000 Value (UVT)
  • Ultra Russell 2000 Growth (UKK)
  • UltraShort Russell 1000 Value (SJF)
  • UltraShort Russell 1000 Growth (SFK)
  • UltraShort Russell MidCap Value (SJL)
  • UltraShort Russell MidCap Growth (SDK)
  • Source: New ProShares/Russell ETFs