Faq Accordion

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    "accordionList": [
      {
        "heading": "The Basics of Geared Funds",
        "id": "the-basics-of-geared-funds"
      },
      {
        "heading": "Distributions",
        "id": "distributions",
        "list": [
          {
            "label": "General",
            "id": "general"
          },
          {
            "label": "Schedule",
            "id": "schedule"
          },
          {
            "label": "ProShares Crypto-Linked and OILK ETFs",
            "id": "crypto-oilk"
          },
          {
            "label": "ProShares High Income ETFs",
            "id": "high-income"
          }
        ]
      },
      {
        "heading": "Forward & Reverse Splits",
        "id": "forward-reverse-splits"
      },
      {
        "heading": "Performance, Pricing & Purchases",
        "id": "performance-pricing-purchases"
      },
      {
        "heading": "Volatility Indexes",
        "id": "volatility-indexes",
        "list": [
          {
            "label": "CBOE Volatility Index (VIX)",
            "id": "vix"
          },
          {
            "label": "VIX Futures Contracts",
            "id": "vix-futures"
          }
        ]
      },
      {
        "heading": "Trading ETFs",
        "id": "trading-etfs"
      },
      {
        "heading": "Taxation for Volatility, Commodity & Currency ProShares",
        "id": "taxation-for-volatility"
      }
    ],
    "documentList": {
      "title": "Download documents",
      "list": [
        {
          "children": "Geared FAQs",
          "to": "https://www.w3.org/WAI/ER/tests/xhtml/testfiles/resources/pdf/dummy.pdf"
        },
        {
          "children": "Volatility Indexes FAQs",
          "to": "#"
        },
        {
          "children": "Trading ETFs FAQs",
          "to": "https://www.w3.org/WAI/ER/tests/xhtml/testfiles/resources/pdf/dummy.pdf"
        }
      ]
    }
  },
  "sectionList": [
    {
      "heading": "The Basics of Geared Funds",
      "id": "the-basics-of-geared-funds",
      "list": [
        {
          "id": null,
          "subheading": null,
          "itemList": [
            {
              "label": "<p><em>What is a forward split? A reverse split?</em></p>",
              "description": "<p>Lorem Ipsum is simply dummy text of the printing and typesetting industry.</p>"
            },
            {
              "label": "<span class=\"superscript\"><em><strong>With reverse splits, how many shares of each fund will be received?</strong></em></span>",
              "description": "<p>Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.</p>"
            },
            {
              "label": "<div class=\"text-util-3xs-regular\">Why does ProShares decide to forward split or reverse split fund shares?</div>",
              "description": "<p>Lorem Ipsum is simply dummy text of the printing and typesetting industry.</p>"
            }
          ]
        }
      ]
    },
    {
      "heading": "Distributions",
      "id": "distributions",
      "list": [
        {
          "id": "general",
          "subheading": "General",
          "itemList": [
            {
              "label": "<div class=\"text-util-lg-regular\">What are the distribution schedule dates for ProShares ETFs?</div>",
              "description": "<p>ProShares may distribute net investment income earned by the funds, if any, on a monthly or quarterly basis, depending on the fund. Some ProShares may make capital gain distributions generally on an annual basis. Distribution information is posted on our website. For funds that provide tax information on Schedule K-1, such as our Commodity, Currency, VIX Futures and Managed Futures funds, additional information is available in Taxation FAQs for VIX Futures, Commodity, Currency and Managed Futures ProShares.</p>"
            },
            {
              "label": "<span class=\"accordion__label h3 mb-0\"><p>How is a leveraged fund designed to perform on a day when its benchmark rises? And how about on a day when its <span style=\"text-decoration: underline;\">benchmark</span> falls?</p></span>",
              "description": "<p>An inverse fund with a -1x daily objective should:</p> <ul> <li>Go up by approximately 1% on a day when its benchmark goes down by 1%.</li> <li>Go down by approximately 1% on a day when its benchmark goes up by 1%.</li> </ul> <p>Some inverse funds also magnify performance. An inverse fund with a -2x daily objective should:</p> <ul> <li>Go up by approximately 2% on a day when its benchmark goes down by 1%.</li> <li>Go down by approximately 2% on a day when its benchmark goes up by 1%.</li> </ul> <p>These examples are highlighted in the charts that follow:</p> <p><img src=\"/areas/proshares/assets/images/geared-faq-image-2.png\" alt=\"251017-Charts-FAQs-About-Geared-Funds-02.png\"></p>"
            }
          ]
        },
        {
          "id": "schedule",
          "subheading": "Schedule",
          "itemList": [
            {
              "label": "<p>What are ProShares Distribution Dates?</p>",
              "description": "<p>ProShares may distribute net investment income earned by the funds, if any, on a monthly or quarterly basis, depending on the fund. Some ProShares may make capital gain distributions generally on an annual basis. Distribution information is posted on our website. For funds that provide tax information on Schedule K-1, such as our Commodity, Currency, VIX Futures and Managed Futures funds, additional information is available in Taxation FAQs for VIX Futures, Commodity, Currency and Managed Futures ProShares.</p>"
            },
            {
              "label": "<p>What are the 2025 Quarterly Dates?</p>",
              "description": "<p>ProShares may distribute net investment income earned by the funds, if any, on a monthly or quarterly basis, depending on the fund. Some ProShares may make capital gain distributions generally on an annual basis. Distribution information is posted on our website. For funds that provide tax information on Schedule K-1, such as our Commodity, Currency, VIX Futures and Managed Futures funds, additional information is available in Taxation FAQs for VIX Futures, Commodity, Currency and Managed Futures ProShares.</p>"
            }
          ]
        }
      ]
    },
    {
      "heading": "Forward & Reverse Splits",
      "id": "forward-reverse-splits",
      "list": [
        {
          "id": null,
          "subheading": null,
          "itemList": [
            {
              "label": "<h4 class=\"\">What is a forward split? A reverse split?</h4>",
              "description": "<p>Lorem Ipsum is simply dummy text of the printing and typesetting industry.</p>"
            },
            {
              "label": "<h5 class=\"\">With reverse splits, how many shares of each fund will be received?</h5>",
              "description": "<p>Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.</p>"
            },
            {
              "label": "<h6 class=\"\">Why does ProShares decide to forward split or reverse split fund shares?</h6>",
              "description": "<p>Lorem Ipsum is simply dummy text of the printing and typesetting industry.</p>"
            }
          ]
        }
      ]
    },
    {
      "heading": "Performance, Pricing & Purchases",
      "id": "performance-pricing-purchases",
      "list": [
        {
          "id": null,
          "subheading": null,
          "itemList": [
            {
              "label": "<h2 class=\"\">How should I assess whether a ProShares ETF is tracking its benchmark?</h2>",
              "description": "<p>Lorem Ipsum is simply dummy text of the printing and typesetting industry.</p>"
            },
            {
              "label": "<h3 class=\"\">Why do intraday values (IOPV/IIV) and market prices differ?</h3>",
              "description": "<p>Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.</p>"
            }
          ]
        }
      ]
    },
    {
      "heading": "Volatility Indexes",
      "id": "volatility-indexes",
      "list": [
        {
          "id": "vix",
          "subheading": "CBOE Volatility Index (VIX)",
          "itemList": [
            {
              "label": "<p>What is the VIX?</p>",
              "description": "<p>Lorem Ipsum is simply dummy text of the printing and typesetting industry.</p>"
            },
            {
              "label": "<p>How is implied volatility different from actual volatility?</p>",
              "description": "<p>Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.</p>"
            }
          ]
        },
        {
          "id": "vix-futures",
          "subheading": "VIX Futures Contracts",
          "itemList": [
            {
              "label": "<p>What are VIX futures contracts?</p>",
              "description": "<p>It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.</p>"
            },
            {
              "label": "<p>What is contango?</p>",
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            }
          ]
        }
      ]
    }
  ]
}