ProShares Files to Launch 3x Leveraged and Inverse Crude Oil ETFs

Bethesda, MD – Dec. 5, 2016 – ProShares announced today that it has filed a registration statement with the Securities and Exchange Commission to launch two new funds that will track the Bloomberg WTI Crude Oil SubindexSM:

ProShares UltraPro Bloomberg Crude Oil, which will seek a return that is three times (3x) the daily performance of the index

ProShares UltraPro Short Bloomberg Crude Oil, which will seek a return that is three times the inverse (-3x) of the daily performance of the index

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $27 billion in assets. The company is the leader in strategies such as dividend growth, alternative and geared (leveraged and inverse). ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Media Contact:

Tucker Hewes, Hewes Communications, Inc., 212.207.9451, tucker@hewescomm.com

Investor Contact:

ProShares, 866.776.5125, ProShares.com

Dec 5, 2016