ProShares UltraShort S&P500 SDS
About this Fund
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of 500 of the largest companies listed and domiciled in the U.S. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Investment Strategy & Highlights
- Theme: Tracks Inverse S&P 500 (-2x).
- Category: Trading--Inverse Equity · managed by ProShares.
- Cost: Expense ratio of 0.91% — moderate for this category.
- Income: Distributes a yield of approximately 5.29%.
- Track record: 3Y avg -30.05% · 5Y avg -22.32% per year.
- Trading: Listed on PCX, denominated in USD.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Bearish (price < SMA50 < SMA200)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
PROS
No notable strengths flagged.
CONS
- Large 1-year drawdown (-36.4%).
* The pros and cons are auto-generated from fund metrics.
Price Chart
Top Holdings
Holdings data not available for this fund.
Latest News
Recent headlines for SDS