Investment Objective
The investment seeks daily investment results that correspond to three times the inverse (-3x) 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 three times the inverse (-3x) of the daily return of the index. The index 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. The fund is non-diversified.
Latest SPXU News
No recent news for ProShares UltraPro Short S&P500.
Performance
| 1 month | -0.40% | | 3 years | -48.61% |
| 3 months | -15.28% | | 5 years | -- |
| 1 year | -56.76% | | Since inception | -50.52% |
Quote Details
| Previous close | $24.81 |
| Open day’s range | 24.13 – 25.27 |
| Net asset value (NAV) | 24.83 (06/05/2013) |
| Daily volume | 8,504,748 |
| Average volume (3 months) | 5,633,340 |
Data as of 4:00pm ET, 06/06/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| | SPXU | Category |
|---|
| Performance 5-yr return | -- | -29.70% |
| Expense Gross exp ratio | 0.93% | 0.95% |
| Risk 5 year sharpe ratio | -- | -0.70 |
| Net assets | $582.3M | $136.9M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.38% |
Competitors
| SH ProShares Short S&P500 |
| SDS ProShares UltraShort S&P500 |
| BXDB Barclays Short B Leveraged Inverse S&P 5... |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
-0.66 / -2.66%
.
