ProShares Managed Futures Strategy ETF

Frequently Asked Questions About FUT

What does FUT invest in?

Under normal market conditions, the fund invests in a portfolio of commodity futures contracts and currency and U.S. Treasury futures contracts. The Advisor attempts to capture the economic benefit derived from rising and declining trends based on the price changes of these Futures Contracts. It will also hold cash or cash equivalents such as short-term U.S. Treasury securities or other high credit quality, short-term fixed-income or similar securities for direct investment or as collateral for Futures Contracts. It is non-diversified.

What is the expense ratio of FUT?

ProShares Managed Futures Strategy ETF (FUT) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FUT?

ProShares Managed Futures Strategy ETF (FUT) manages $8.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FUT actively managed or an index fund?

FUT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FUT launched?

ProShares Managed Futures Strategy ETF (FUT) launched in February 2016 and is managed by ProShares.

How has FUT performed?

FUT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.