FB was created on 2025-06-24 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 2.91m in AUM and 503 holdings. FB tracks an index that invests in the S&P 500 stocks while employing an options strategy designed to provide capped gains and buffer against the first 1% to 5% of S&P 500s losses.
