ProShares will launch the ProShares Equities for Rising Rates ETF (EQRR) on July 25

o    EQRR will track the Nasdaq U.S. Large Cap Equities for Rising Rates Index.  
o    The Index is selected from a universe (the “Universe”) of the 500 largest companies (based on market capitalization) listed on U.S. stock exchanges. The Index consists of 50 companies whose stock prices historically have tended to outperform the Universe during periods of rising interest rates.