|ProShares||Ticker Symbol||Index||Daily Objective*|
|New Inverse Bond ETFs|
|UltraShort 3-7 Year Treasury||TBZ||Barclays Capital U.S. 3-7 Year Treasury Bond Index||-2x|
|Short 7-10 Year Treasury||TBX||Barclays Capital U.S. 7-10 Year Treasury Bond Index||-1x|
|Existing Inverse Bond ETFs|
|UltraShort 20+ Year Treasury||TBT||Barclays Capital U.S. 20+ Year Treasury Bond Index||-2x|
|Short 20+ Year Treasury||TBF||Barclays Capital U.S. 20+ Year Treasury Bond Index||-1x|
|UltraShort 7-10 Year Treasury||PST||Barclays Capital U.S. 7-10 Year Treasury Bond Index||-2x|
|UltraShort TIPS||TPS||Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L)||-2x|
|Short High Yield||SJB||Markit iBoxx $ Liquid High Yield Index||-1x|
|Short Investment Grade Corporate||IGS||Markit iBoxx $ Liquid Investment Grade Index||-1x|
About ProSharesProShares is a premier provider of alternative ETFs, with 119 funds and more than $26 billion in assets. ProShares offers the largest family of geared (leveraged and inverse) ETFs. 1 ProShares is part of ProFunds Group, which was founded in 1997 and includes more than $32 billion in mutual fund and ETF assets. 2 1 Source: Lipper, based on a worldwide analysis of all of the known providers of funds in these categories. The analysis covered ETFs, ETNs and mutual funds by the number of funds and assets as of 6/30/2010. 2 Assets as of 3/11/2011. Leveraged and inverse ProShares and ProFunds seek returns that are multiples or inverse multiples (e.g., 2x, -2x) of the return of an index or other benchmark (target) for a single day . Due to the compounding of daily returns, leveraged and inverse ProShares’ and ProFunds’ returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily, and rebalance if necessary. A rebalancing strategy involves transaction costs and may have tax consequences. Disclosure: Investing involves risk, including the possible loss of principal. ProShares and ProFunds are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Bond values will fall when interest rates rise. High yield bonds may involve greater levels of interest rate, credit, liquidity and valuation risk than for higher-rated instruments. Short and UltraShort ProShares and ProFunds should lose money when their benchmarks or indexes rise. See the prospectus for a more complete description of risks. There is no guarantee any ProShares ETF or ProFund will achieve its investment objective.
Carefully consider the investment objectives, risks, charges and expenses of ProShares and ProFunds before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Obtain them at www.proshares.com or www.profunds.com .ProShares Treasury ETFs are benchmarked to Barclays Capital indexes. Barclays Capital and Barclays Capital Inc. are trademarks of Barclays Capital Inc. ProShares Short High Yield and Short Investment Grade Corporate ETFs are benchmarked to iBoxx® indexes. iBoxx is a registered trademark of Markit Indices Limited. All have been licensed for use by ProShares. ProShares have not been passed on by these entities or their affiliates as to their legality or suitability. ProShares are not sponsored, endorsed, sold, or promoted by these entities or their affiliates and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. "ProFunds Group" includes ProFunds mutual funds and ProShares ETFs. ProFunds mutual funds are distributed by ProFunds Distributors, Inc. ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with ProShare Advisors.