Investment Objective
The investment seeks daily investment results that correspond to two times the inverse (-2x) 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 two times the inverse (-2x) 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 SDS News
Performance
| 1 month | +1.07% | | 3 years | -32.98% |
| 3 months | -13.70% | | 5 years | -28.15% |
| 1 year | -39.77% | | Since inception | -22.07% |
Quote Details
| Previous close | $38.80 |
| Open day’s range | 38.72 – 39.90 |
| Net asset value (NAV) | 38.81 (06/18/2013) |
| Daily volume | 18,303,495 |
| Average volume (3 months) | 11,838,731 |
Data as of 4:00pm ET, 06/19/2013
Peer Comparisonvs. Trading-inverse equity ETFs
| | SDS | Category |
|---|
| Performance 5-yr return | -28.15% | -29.70% |
| Expense Gross exp ratio | 0.89% | 0.95% |
| Risk 5 year sharpe ratio | -0.73 | -0.70 |
| Net assets | $1.9B | $136.9M |
| 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... |
| SPXU ProShares UltraPro Short S&P500 |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
+1.04 / +2.68%
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