Company: EUO
Filing Date: 2025-02-13
Form Type: S-3
Source: 0001193125-25-026201
Chunk: 40

Company: ProShares Trust II
Filing Date: 2025-02-13
Form: S-3
Chunk 40
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 of the U.S. stock markets, the S&P 500, the equity securities included in the S&P 500 and prevailing market prices of options on the S&P 500, the VIX, options on the VIX, the relevant VIX futures contracts, or any other financial instruments related to the S&P 500 and the VIX or VIX futures contracts; • Interest rates and investors’ expectations concerning interest rates; • Inflation rates and investors’ expectations concerning inflation rates;

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• Economic, financial, political, regulatory, geographical, judicial and other events, including sanctions, trade disputes and the imposition of tariffs, exchange controls or other cross-border trade barriers, that affect the level of the Index or the market price or forward volatility of the U.S. stock markets, the equity securities included in the S&P 500, the S&P 500, the VIX or the relevant futures or option contracts on the VIX; • Supply and demand as well as hedging activities in the listed and over-the-counter (“OTC”) equity derivatives markets; • The level of margin requirements; • The position and accountability limits imposed by futures exchanges and any position or risk limits imposed by FCMs or swap counterparties; • Disruptions in trading of the S&P 500, futures contracts on the S&P 500 or options on the S&P 500; • The level of contango or backwardation in the VIX futures contracts market; • Global or regional political, economic, or financial events and situations including the impact of a new presidential administration, and investor expectations concerning such events; • Weather, natural disasters (including disease, epidemics and pandemics), and other environmental conditions; and • Investment and trading activities of mutual funds, hedge funds and other market participants, including the Funds. Each of these factors could have a negative impact on the price and/or liquidity of VIX futures contracts and other Financial Instruments, the Index and the Funds. These factors interrelate in complex ways, and the effect of one factor on the market value of a Fund may offset or enhance the effect of another factor. The Funds generally are intended to be used as a trading tool for short-term investment horizons and investors holding shares of the Funds over longer-term periods may be subject to increased risk of loss. The Funds generally are intended to be used only for short-term investment horizons. An investor in a Fund can lose all or a substantial portion of his or her investment within a single day. The longer an investor’s holding period