FB - ProShares S&P 500 Dynamic Buffer ETF
FB is a passively managed fund that aims to provide exposure to the S&P 500 Index while utilizing an options strategy that seeks to deliver capped gains and a buffer against the first 1%-5% of S&P 500s loss each day. Particularly, the fund takes a long position in the S&P 500 Index along with three different S&P 500 Index options that have one day to expiration. First, the fund purchases and sells put options to measure the performance of approximately at-the-money and out-of-the-money S&P 500 Index put options, respectively.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $8.4M
- P/E Ratio
- 1.60
- Beta
- 0.25
- 52-Week Range
- 40.264-46.01
- Dividend Yield
- $0.89
- IPO Date
- Jun 26, 2025
- Exchange
- CBOE
FB Options Snapshot
Options pricing data for FB is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The FB overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FB overview questions
- What is FB?
- FB is the ticker symbol for ProShares S&P 500 Dynamic Buffer ETF, an listed exchange-traded fund. FB is a passively managed fund that aims to provide exposure to the S&P 500 Index while utilizing an options strategy that seeks to deliver capped gains and a buffer against the first 1%-5% of S&P 500s loss each day. Particularly, the fund takes a long position in the S&P 500 Index along with three different S&P 500 Index options that have one day to expiration. Listed on CBOE. FB is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are FB's key statistics?
- ProShares S&P 500 Dynamic Buffer ETF (FB) carries a market capitalization of $8.4M, 52-week range of 40.264-46.01. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FB belong to?
- ProShares S&P 500 Dynamic Buffer ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FB's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FB data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for FB, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.