Investment Objective
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P 500 ®.
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 is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.
Latest SDS News
No recent news for ProShares UltraShort S&P500.
Performance
| 1 month | -0.17% | | 3 years | -34.01% |
| 3 months | -10.24% | | 5 years | -25.96% |
| 1 year | -42.05% | | Since inception | -21.52% |
Quote Details
| Previous close | $41.10 |
| Open day’s range | 40.34 – 41.60 |
| Net asset value (NAV) | 41.10 (06/05/2013) |
| Daily volume | 17,318,448 |
| Average volume (3 months) | 11,215,785 |
Data as of 4:00pm ET, 06/06/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| | SDS | Category |
|---|
| Performance 5-yr return | -25.96% | -29.70% |
| Expense Gross exp ratio | 0.89% | 0.95% |
| Risk 5 year sharpe ratio | -0.73 | -0.70 |
| Net assets | $1.9B | $136.9M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.38% |
Competitors
| SH ProShares Short S&P500 |
| BXDB Barclays Short B Leveraged Inverse S&P 5... |
| SPXU ProShares UltraPro Short S&P500 |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
-0.76 / -1.85%
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