Investment Objective
The investment seeks daily investment results that correspond to the inverse (-1x) 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 the inverse (-1x) 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 SH News
Performance
| 1 month | -7.17% | | 3 years | -18.36% |
| 3 months | -10.87% | | 5 years | -12.06% |
| 1 year | -24.64% | | Since inception | -9.37% |
Quote Details
| Previous close | $28.63 |
| Open day’s range | 28.30 – 28.97 |
| Net asset value (NAV) | 28.62 (05/21/2013) |
| Daily volume | 5,856,106 |
| Average volume (3 months) | 2,822,594 |
Data as of 4:00pm ET, 05/22/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| | SH | Category |
|---|
| Performance 5-yr return | -12.06% | -29.70% |
| Expense Gross exp ratio | 0.89% | 0.95% |
| Risk 5 year sharpe ratio | -0.60 | -0.72 |
| Net assets | $1.9B | $144.7M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.38% |
Competitors
| SDS ProShares UltraShort 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
+0.20 / +0.70%
-0.01 / -0.03%
.
