Key stats
About ProShares Short S&P500
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SH offers a 1-day bet against the S&P 500 and provides the liquidity required to allow investors to use it as such. The fund, like most leveraged and inverse products, is designed to deliver its inverse exposure to its underlying indexa cap-weighted basket of 500 large-cap US firms selected by the S&P Index Committeefor 1 trading day. Holding it for a period longer than that will introduce the effects of compounding, even if this is less pronounced in a non-leveraged product. Still, the tool is designed to be held for no more than 1 day, or with frequent rebalancing of exposure to approximate the target -1x multiple. SH is not a buy-and-hold investment and should not be expected to provide index leverage return greater than one day period.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
SH Bullish IdeaThe purple Bearish union ABC is the primary bearish pattern in play where I anticipate D to complete in the upside target area. The powerful pattern is the blue bearish union ABC because it has a B extension of its XA swing which means I anticipate price to complete above B. This particular pattern
SH S&P500 SPX Is The US market crash coming ? Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The four
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SH trades at 42.63 USD today, its price has risen 0.76% in the past 24 hours. Track more dynamics on SH price chart.
SH net asset value is 42.32 today — it's fallen 11.56% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SH assets under management is 1.37 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SH price has fallen by −6.20% over the last month, and its yearly performance shows a −9.61% decrease. See more dynamics on SH price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.56% over the last month, showed a 3.74% increase in three-month performance and has decreased by −5.77% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.56% over the last month, showed a 3.74% increase in three-month performance and has decreased by −5.77% in a year.
SH fund flows account for 579.10 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SH invests in bonds. See more details in our Analysis section.
SH expense ratio is 0.89%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SH is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SH technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SH shows the sell signal. See more of SH technicals for a more comprehensive analysis.
Today, SH technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SH shows the sell signal. See more of SH technicals for a more comprehensive analysis.
Yes, SH pays dividends to its holders with the dividend yield of 5.60%.
SH trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SH shares are issued by ProShare Advisors LLC
SH follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 19, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.