ProShares UltraShort Utilities (SDP)

27.97
Delayed Data
As of Feb 16
 -0.3501 / -1.24%
Today’s Change
22.19
Today|||52-Week Range
31.51
+10.86%
Year-to-Date

Investment Objective

The investment seeks daily investment results- before fees and expenses- that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes- in combination- should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include- among others- electric utilities- gas utilities- multi-utilities and water utilities. The fund is non-diversified.

Short These Sector ETFs on Rising Rate Concerns
Feb 12 / Zacks.com - Paid Partner Content
 

Performance

1 month-0.07% 3 years-18.34%
3 months+22.28% 5 years-23.13%
1 year-10.10% Since inception-20.63%
Data through 02/17/2018

Quote Details

Previous close$28.32
Open day’s range27.86 – 28.51
Net asset value (NAV)27.94 (02/16/2018)
Daily volume5,801
Average volume (3 months)7,245
Data as of 3:59pm ET, 02/16/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 SDPCategory
Performance 5-yr return-23.13%-29.79%
Expense Gross exp ratio1.72%1.94%
Risk 5 year sharpe ratio-0.88--
Net assets$8.4M$2.4M
Average market cap----
Average P/E----
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.