Company: EUO
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001193125-25-116684
Chunk: 6

Company: ProShares Trust II
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 6
---
 the Geared Funds should actively manage and monitor their investments, as frequently as daily. 

Each Matching VIX Fund seeks investment results, before fees and expenses, that match the performance of the S&P 500 VIX Short-Term Futures Index (the “Short-Term VIX Index”) or the S&P 500 VIX Mid-Term Futures Index (the “Mid-Term VIX Index”) (each a “VIX Futures Index”). Each Geared VIX Fund seeks daily investment results, before fees and expenses, that correspond to a multiple or the inverse of the daily performance of the Short-Term VIX Index. Each VIX Fund intends to obtain exposure to its benchmark by taking positions in futures contracts (“VIX futures contracts”) based on the Chicago Board Options Exchange (“Cboe”) Volatility Index (the “VIX”). 

119