ProShares UltraShort Basic Materials (SMN)

12.86
Delayed Data
As of 3:52pm ET
 +0.25 / +1.98%
Today’s Change
11.73
Today|||52-Week Range
19.26
-2.58%
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-5.40% 3 years-23.25%
3 months+2.52% 5 years-26.05%
1 year-33.51% Since inception-31.17%
Data through 04/19/2018

Quote Details

Previous close$12.61
Open day’s range12.65 – 12.98
Net asset value (NAV)12.62 (04/18/2018)
Daily volume5,684
Average volume (3 months)12,564
Data as of 3:52pm ET, 04/19/2018

Peer Comparisonvs. Trading--inverse equity ETFs

 SMNCategory
Performance 5-yr return-26.05%-29.79%
Expense Gross exp ratio1.70%1.94%
Risk 5 year sharpe ratio-0.70--
Net assets$5.7M$2.7M
Average market cap--$13.2B
Average P/E--16.1
Dividend / Share--0.35%

Competitors

SH ProShares Short S&P500
SDS ProShares UltraShort S&P500
MLPS UBS ETRACS 1xMonthly Short Alerian MLP I...

Holdings

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