ProShares Nasdaq 100 Dynamic Daily Buffer ETF (QB)

ProShares Nasdaq 100 Dynamic Daily Buffer ETF (QB) is an exchange-traded fund in the Defined Outcome category. It has $3.44M in assets, an expense ratio of 0.58% and a 0.76% dividend yield. The index measures the performance of this Dynamic Buffer Strategy based on the Nasdaq-100 Index using a long position in the Nasdaq-100 Index along with three different Nasdaq-100 Index options that have one day to expiration. 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.