ProShares UltraShort Basic Materials (SMN)

28.64
Data as of Sep 30
 +0.70 / +2.50%
Today’s Change
26.72
Today|||52-Week Range
44.30
-16.33%
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. Basic MaterialsSM 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 basic materials sector of the U.S. equity market. The fund is non-diversified.

No recent news for ProShares UltraShort Basic Materials.

Performance

1 month+5.18% 3 years-36.69%
3 months+1.45% 5 years-33.40%
1 year-32.83% Since inception-35.57%
Data through 10/01/2014

Quote Details

Previous close$27.94
Open day’s range-- – --
Net asset value (NAV)28.64 (09/30/2014)
Daily volume9,814
Average volume (3 months)9,479
Data as of 09/30/2014

Peer Comparisonvs. Trading-inverse equity ETFs

 SMNCategory
Performance 5-yr return-33.40%-35.97%
Expense Gross exp ratio1.11%0.96%
Risk 5 year sharpe ratio-0.86-1.20
Net assets$13.4M$126.5M
Average market cap--$65.0B
Average P/E--18.9
Dividend / Share--0.38%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
SPXU ProShares UltraPro Short S&P500

Holdings

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

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