ProShares has launched two leveraged ETFs that track the Russell 3000.

ProShares Ultra Russell3000 (UWC) is built to produce 200% of the performance of the Russell 3000 Index for a single day, while ProShares UltraShort Russell3000 (TWQ) is built to produce 200% of the inverse performance of the Russell 3000 Index for a single day

The Russell 3000 Index measures the stock performance of the largest 3000 U.S. companies, representing approximately 98% of the investable U.S. equity market. The new ETFs will be listed on NYSE Arca.

See the ProShares ETF Directory for a complete list of ProShares exchange traded funds.