FACT SHEET NOBL PROSHARES S&P 500 …

1 NOBLFACT SHEET As of 6/30/18 PROSHARES S&P 500 dividend aristocrats ETFFund objective PROSHARES S&P 500 dividend aristocrats ETFseeks investment results, before fees andexpenses, that track the performance of theS&P 500 dividend aristocrats detailsInception Date10/9/13 Trading SymbolNOBLI ntraday Index SymbolSPDAUDTCUSIP74348A467 ExchangeBATSNet Assets $ billionExpense Ratio1 ScheduleQuarterlyAbout the fund nobl is the only ETF that tracks the S&P 500 dividend aristocrats , thehigh-quality companies in the S&P 500 with at least 25 consecutive years ofdividend growth.

2 nobl 's index, the S&P 500 dividend aristocrats , has outperformed the S&P500 with lower volatility. nobl is part of the largest suite of ETFs focused on dividend growers, coveringvarious market caps as well as international toFund2Q performance and index history4 PROSHARES S&P 500 dividend aristocrats ETFNAV Total ReturnProShares S&P 500 dividend aristocrats ETFM arket Price Total ReturnS&P 500 dividend aristocrats IndexS&P 500 Periods greater than one year are of $10,000 since inception5 PROSHARES S&P 500 dividend aristocrats etf ( nobl )S&P 500 dividend aristocrats IndexS&P 500 Daily change in benchmark return2Q 20152Q 20162Q 20172Q 2018$7,500$10,000$12,500$15,000$17,500$2 0,000 Ending Values: nobl $17,060 S&P 500 dividend aristocrats $17,386 S&P 500 $18,0932005/09/02 00:00:00 nobl InceptionSee reverse for additional information about the performance quoted represents past performance and does not guarantee future results.

3 Investment return and principal value of an investment will fluctuate sothat an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performancequoted. Performance data current to the most recent month-end may be obtained by calling or visiting Index performance does notreflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in any of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund.

4 Brokerage commissions willreduce consider the investment objectives, risks, charges and expenses of PROSHARES before investing. This and other information can be found in theirsummary and full prospectuses. Read them carefully before investing. Obtain them from your financial advisor or broker-dealer representative or PROSHARES are not suitable for all 's total operating expenses are If fewer than 40 stocks meet criteria, the index may include companies with shorter dividend growth histories. Specialdividend payments are not taken into consideration. There is no guarantee dividends will be paid.

5 Companies may reduce or eliminate dividends at any time, and thosethat do will be dropped from the index at reconstitution. Bloomberg: The total return of the index has been higher than the S&P 500 since the index's inception on May2, 2005. Past performance is no guarantee of future results. 4 Market returns are based on the composite closing price and do not represent the returns you wouldreceive if you traded shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate marketreturns prior to the first trade date.

6 5 NAV total returns for the fund are used to calculate Growth of $10,000. 2018 PSA FS-2018-3082 Index descriptionS&P 500 dividend aristocrats Index Invests in the S&P 500 companies that have increased dividends eachyear for at least 25 consecutive years2 Contains a minimum of 40 stocks, which are equally weighted Limits the weight of any single sector to no more than 30% of theindex Is rebalanced each January, April, July and October, with an annualreconstitution during the January rebalance Inception: 5/2/05 Annualized performanceS&P 500 dividend aristocrats IndexS&P 5001-Year3-Year5-Year0%3%6%9%12%15%Since Inception5/2/05 Standard deviation6S&P 500 dividend aristocrats IndexS&P 500 Year 1 Year 3 Year 50%4%8%12%16%20%Since Inception5/2/05 Index characteristics6 Number of Companies 53 Average Market Cap $ billionPrice/Earnings Ratio Ratio Yield Annual Turnover fund information7 Top 10 fund companiesWeightsClorox Data Processing Realty Investment Trust 'S Cos & Co Grainger & Gamble 10 sectorsWeights8 Health more

7 Information, visit or ask your financial advisor or of terms: "Standard deviation" is a statistical measure of the variability of a portfolio's returns over a period of time. A higher standard deviationimplies more risk. Here, standard deviation is annualized. "Annual turnover" is a measure of the fund's trading activity, which is computed by taking the lesser ofpurchases or sales and dividing by average monthly net assets. 7 Holdings are subject to change. 8 Sum of weightings may not equal 100% due to involves risk, including the possible loss of principal. This PROSHARES ETF is diversified and entails certain risks, including imperfect benchmarkcorrelation and market price variance, that may decrease performance.

8 Please see the summary and full prospectuses for a more complete description of is no guarantee any PROSHARES ETF will achieve its investment "S&P 500 dividend aristocrats Index" is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by PROSHARES . "S&P" is a registered trademark of Standard & Poor'sFinancial Services LLC ("S&P") and "Dow Jones " is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and itsaffiliates. PROSHARES have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability.

9 PROSHARES based on the S&P 500 dividend aristocrats Index are not sponsored, endorsed,sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in PROSHARES . THESE ENTITIES AND THEIRAFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES . PROSHARES are distributed by SEI Investments Distribution Co., which is not affiliated with the fund's Global Industry Classification Standard ("GICS") was developed by and is the exclusive property of MSCI Inc. ("MSCI") and Standard & Poor's, a division of The McGraw-Hill Companies Inc.

10 ("S&P"). Neither MSCI,S&P nor any third party involved in making or compiling GICS or any GICS classifications makes any express or implied warranties or representations with respect thereto (or the results to be obtained by the usethereof).Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.