ProShares Advisors LLC

05/11/2026 | Press release | Distributed by Public on 05/11/2026 16:36

ProShares Announces ETF Share Splits

BETHESDA, Md.-ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 17 of its ETFs. The splits will not change the total value of a shareholder's investment.

Forward Split

ProShares will implement a forward split for one ETF at the following split ratio:

Ticker

ProShares ETF

Split Ratio

NOBL

ProShares S&P 500 Dividend Aristocrats ETF

2:1

This forward split will apply to shareholders of record as of market close on May 26, 2026, payable after market close on May 27, 2026. The forward split will be effective prior to market open on May 28, 2026, when the fund will begin trading at its post-split price. The ticker symbol and CUSIP numbers for the fund will not change.

The forward split will decrease the price per share of the fund, with a proportionate increase in the number of shares outstanding. For example, for a two-for-one split, every pre-split share will result in the receipt of two post-split shares, which will be priced at one-half the net asset value ("NAV") of a pre-split share.

Illustration of a Forward Split

The following table shows the effect of a hypothetical two-for-one forward split.

Period

# of Shares Owned

Hypothetical NAV per Share

Value of Shares

Pre-Split

100

$120.00

$12,000.00

Post-Split

200

$60.00

$12,000.00

Reverse Splits

ProShares will implement reverse splits for 16 of its ETFs at the following split ratios:

Ticker

ProShares ETF

Split Ratio

Old CUSIP

New CUSIP

SLON

ProShares Ultra Solana ETF

1:5

74349Y647

74350P386

UXRP

ProShares Ultra XRP ETF

1:5

74349Y498

74350P410

SCO

ProShares UltraShort Bloomberg Crude Oil

1:4

74347Y797

74347Y656

BIS

ProShares UltraShort Nasdaq Biotechnology

1:2

74347G838

74350P469

BOIL

ProShares Ultra Bloomberg Natural Gas

1:2

74347Y748

74347Y664

BZQ

ProShares UltraShort MSCI Brazil Capped

1:2

74350P618

74350P444

COIA

ProShares Ultra COIN

1:2

74349Y423

74350P428

EFZ

ProShares Short MSCI EAFE

1:2

74347R370

74350P436

EMTY

ProShares Decline of the Retail Store ETF

1:2

74347B367

74350P527

REW

ProShares UltraShort Technology

1:2

74350P568

74350P451

RXD

ProShares UltraShort Health Care

1:2

74347G564

74350P485

SBB

ProShares Short SmallCap600

1:2

74348A376

74350P535

SDP

ProShares UltraShort Utilities

1:2

74347G218

74350P519

SIJ

ProShares UltraShort Industrials

1:2

74349Y555

74350P394

SMN

ProShares UltraShort Materials

1:2

74347G226

74350P493

SZK

ProShares UltraShort Consumer Staples

1:2

74347G630

74350P477

ProShares Crypto ETFs invest in cryptocurrency derivatives (swap agreements, futures contracts and similar instruments) and do not invest directly in cryptocurrency.

The reverse splits will be effective prior to market open on May 28, 2026, when the funds will begin trading at their post-split prices. The ticker symbols for the funds will not change. All funds undergoing a reverse split will be issued new CUSIP numbers, listed above.

The reverse splits will increase the price per share of each fund, with a proportionate decrease in the number of shares outstanding. For example, for a one-for-two reverse split, every two pre-split shares will result in the receipt of one post-split share, which will be priced two times higher than the NAV of a pre-split share.

Illustration of a Reverse Split

The following table shows the effect of a hypothetical one-for-two reverse split.

Period

# of Shares Owned

Hypothetical NAV per Share

Value of Shares

Pre-Split

1,000

$10.00

$10,000.00

Post-Split

500

$20.00

$10,000.00

Fractional Shares from Reverse Splits

For shareholders who hold quantities of shares that are not an exact multiple of the reverse split ratio (for example, not a multiple of five for a one-for-five reverse split), the reverse split will result in the creation of fractional shares. Post-reverse split fractional shares will be redeemed for cash and sent to your broker of record. This redemption may cause some shareholders to realize gains or losses, which could be a taxable event for those shareholders.

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 $100 billion in assets.1 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.

ProShares Advisors LLC published this content on May 11, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 11, 2026 at 22:36 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]