ProShares Leveraged Nat Gas ETFs Debut

ProShares, the largest issuer of leveraged and inverse ETFs, rolled out the ProShares Ultra DJ-UBS Natural Gas

and ProShares UltraShort DJ-UBS Natural Gas

today, marking the debut of leveraged and inverse ETFs based natural gas futures in the U.S. The debut of the ProShares UltraShort DJ-UBS Natural Gas means ProShares was able to beat U.S. Commodity Funds to market with a leverage natural gas offering. Last week, U.S. Commodity Funds filed plans to introduce the U.S. Natural Gas Double Inverse Fund

. The ProShares Ultra DJ-UBS Natural Gas seeks to provide 2x the daily performance of the Dow Jones-UBS Natural Gas Subindex, before fees and expenses and the ProShares UltraShort DJ-UBS Natural Gas seeks to provide -2x the daily performance of the Dow Jones-UBS Natural Gas Subindex, before fees and expenses, ProShares said in a statement. With BOIL and KOLD, ProShares now issues 10 leveraged commodities ETFs. Prior to the debut of the new funds, the eight ProShares leveraged funds had $2.5 billion in assets under management, the firm said. Those funds include the ProShares UltraShort Silver

and the ProShares Ultra DJ-UBS Crude Oil

. ProShares had 122 ETFs with just over $26 billion in AUM at the end of September making the firm the fifth-largest U.S. ETF issuer.