ProShares Expected to Launch SKHU ETF Targeting 2x Daily Returns of SK hynix on July 13

World's largest provider of leveraged and inverse ETFs to expand its single-stock ETF lineup with 2x SK hynix ETF following the U.S. listing of the company’s ADRs

BETHESDA, Md.--(BUSINESS WIRE)--ProShares, the world’s leader in geared (leveraged and inverse) investing, today announced plans to launch ProShares Ultra SK hynix (NYSE Arca: SKHU), targeting 2x the daily returns of the American Depositary Receipt (ADR) of SK hynix, on July 13, 2026. The 2x SK hynix ETF will give investors a way to magnify a bullish view on the company.

SK hynix is a leading manufacturer of memory chips used in artificial intelligence, data centers, and digital devices. The company plays an important role in AI infrastructure by supplying the advanced memory that helps power many of today's AI applications.

“Demand for advanced memory chips has grown alongside the rapid expansion of artificial intelligence,” said ProShares CEO Michael L. Sapir. “SKHU will give investors a convenient way to magnify a bullish view on SK hynix through a single ticker in a brokerage account.”

ProShares offers the world’s largest lineup of geared ETFs, with more than 115 funds and over $85 billion in assets across equities, fixed income, commodities, currencies, crypto, and volatility.¹ The 2x SK hynix ETF is expected to join ProShares’ lineup of single-stock ETFs, including funds targeting 2x daily returns of SpaceX, Circle, Coinbase, NVIDIA, Palantir and Tesla.

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006, offering one of the industry’s largest ETF lineups. ProShares, together with its mutual fund affiliate, ProFunds, manages more than $112 billion in assets.² The company is a leader in strategies such as dividend growth, high income, interest rate hedged bond, crypto and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

To learn more about the company and career opportunities, visit us on LinkedIn or at ProShares.com.

Sources:

¹ Morningstar, as of 6/30/26
² As of 6/30/26

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance ADRS of a single stock (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

This leveraged single-stock ETF’s performance depends almost entirely on the performance of its underlying single stock as represented by investments in its American Depositary Receipt, which involves significant risk and eliminates the benefits of diversification. The underlying stock may experience significant price volatility at any time. Before investing, you should carefully consider that high volatility may have a significant negative impact on the Fund’s performance. It may also experience abnormal returns, which should not be expected to persist. The ETF’s performance should be measured from one NAV calculation time to the next and does not represent the returns you would receive if you traded shares at other times. Market volatility or disruptions in the trading of the underlying stock may impair the ETF’s ability to obtain or maintain its desired exposure and could result in losses or wider bid-ask spreads. The cost of obtaining 2x SK hynix exposure is expected to be extraordinarily high, will materially reduce returns, and may cause the Fund to lose money even if the value of SK hynix rises. SK hynix faces risks related to cyclical demand in the semiconductor industry, rapid technological change, changing customer demand, supply chain disruptions, and fluctuations in memory chip pricing. The company also faces intense global competition, geopolitical and trade tensions, cybersecurity risk, regulatory developments, and other events that could adversely affect its business, financial performance, and stock price. You should refer to the prospectus for a more complete description of issuer risks.

ProShares has derived all disclosures herein regarding the issuer from publicly available sources it deems to be reliable and makes no representation as to their accuracy or completeness. ProShares cannot give any assurance that all relevant events that would affect the trading price of the issuer have been publicly disclosed. Any future developments, whether disclosed or not, could affect the value of the issuer and, in turn, the value of the ETF. The ETF and ProShare Advisors LLC are not affiliated with the underlying stock issuer.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs 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. The ETF's investment exposure is concentrated in the industry in which the underlying stock operates. Narrowly focused investments typically exhibit higher volatility. Investors could potentially lose the full value of their investment within a single day. Please see the summary and full prospectuses at ProShares.com for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

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 at ProShares.com. Read them carefully before investing.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.