Key stats
About ProShares UltraShort S&P500
Expense ratio
0.90%
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Inception date
Jul 11, 2006
SDS provides a 1-day leveraged bet against the S&P 500 in a very liquid vehicle that's well-aligned with the tactical nature of the product. The fund, like most leveraged and inverse products, is designed to deliver 2x inverse exposure to its indexthe S&P 500for 1 day and 1 day only. Holding it for longer periods will expose investors to the performance drift resulting from compounding. As such, the tool should either be held for no more than 1 day or rebalanced regularly (adding or subtracting to one`s position in the fund) to offset these dynamics. In all, SDS provides the strong liquidity that`s paramount for a geared fund.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government162.10%
Miscellaneous−15.23%
Cash−46.87%
Top 10 holdings
Dividends
Dividend payout history