ProShares Supply Chain Logistics ETF SUPL Strategy

The investment seeks results, before fees and expenses, that track the performance of the FactSet Supply Chain Logistics Index (the “Index”). 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 companies focused on raw materials and merchandise shipping and delivery. Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. It is non-diversified.