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 | -20.40% | | 3 years | -47.60% |
| 3 months | -27.02% | | 5 years | -- |
| 1 year | -59.57% | | Since inception | -52.23% |
Quote Details
| Previous close | $23.10 |
| Open day’s range | -- – -- |
| Net asset value (NAV) | 22.44 (05/17/2013) |
| Daily volume | 4,406,907 |
| Average volume (3 months) | 5,393,957 |
Data as of 4:00pm ET, 05/17/2013
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 | -- | -0.72 |
| Net assets | $559.6M | $144.7M |
| 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... |
| SDS ProShares UltraShort S&P500 |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
-0.66 / -2.86%
+0.13 / +0.58%
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