ProShares UltraShort Australian Dollar (CROC)
ETF analysis · AMEX · Financial Services · Asset Management - Global
ProShares UltraShort Australian Dollar (CROC) is an exchange-traded fund in the Financial Services sector. Latest price: $50.72. Market cap $2.53M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About ProShares UltraShort Australian Dollar
The fund's main objective is to establish bearish positioning relative to its target benchmark by utilizing futures agreements linked to the performance of its base currency. In circumstances where the market for a specific futures instrument experiences severe unforeseen events—such as natural disasters, terrorist attacks, or other force majeure scenarios—or significant operational impediments like trading suspensions or rapid market fluctuations, or when the Sponsor deems engaging with futures contracts impractical or unwise, the fund has the option to instead deploy forward contracts.
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