ProShares Launches Two ETFs

ProShares launched ProShares UltraPro 10 Year TIPS/TSY Spread (UINF) and ProShares UltraPro Short 10 Year TIPS/TSY Spread (SINF).

These exchange-traded funds (ETFs) are linked to 10-year breakeven inflation (BEI).

UINF seeks to provide 3x the daily performance of the Dow Jones Credit Suisse 10-Year Inflation Breakeven Index, before fees and expenses. SINF seeks to provide -3x the daily performance of the Dow Jones Credit Suisse 10-Year Inflation Breakeven Index, before fees and expenses.