Net Asset AnalysisNet Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
About Net AssetNet Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
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Based on recorded statements ProShares UltraShort Utilities has Net Asset of 3.95M. This is 97.55% lower than that of the ProShares family, and 97.52% lower than that of Family category, The Net Asset for all etfs is 99.56% higher than the company.