|ProShares||Ticker Symbol||Index||Daily Objective*|
|New Leveraged High Yield and Investment Grade Corporate Bond ETFs|
|Ultra High Yield||UJB||Markit iBoxx® $Liquid HighYield Index||2x|
|Ultra InvestmentGrade Corporate||IGU||Markit iBoxx® $LiquidInvestmentGrade Index||2x|
|Existing Inverse High Yield and Investment Grade Corporate Bond ETFs|
|Short High Yield||SJB||Markit iBoxx® $Liquid HighYield Index||-1x|
|Short InvestmentGrade Corporate||IGS||Markit iBoxx® $LiquidInvestmentGrade Index||-1x|
|* Before fees and expenses|
|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 4/1/2011.|
Investing involves risk, including the possible loss of principal. ProShares 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 ProShares 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 will achieve its investment objective.Carefully consider the investment objectives, risks, charges and expenses of ProShares 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 . The Markit iBoxx® $ Liquid High Yield Index is a modified market-value weighted index designed to provide a balanced representation of U.S. dollar-denominated high yield corporate bonds for sale within the United States by means of including the most liquid high yield corporate bonds available as determined by the index provider. The Markit iBoxx® $ Liquid Investment Grade Index is a modified market-value weighted index designed to provide a balanced representation of U.S. dollar-denominated investment grade corporate bonds publicly offered in the United States by means of including the most liquid investment grade corporate bonds available as determined by the index provider. iBoxx® is a registered trademark of Markit Indices Limited and has been licensed for use by ProShares. Markit does not approve, endorse or recommend ProShares Ultra High Yield, ProShares Ultra Investment Grade Corporate, ProShares Short High Yield or ProShares Short Investment Grade Corporate, and Markit makes no representation regarding the suitability of investing in any ProShares ETF.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with ProShare Advisors.