Use fundamental data analysis to confirm all available drivers of ProShares UltraShort to find out if markets are presently mispricing the entity. We found eight available financial ratios for ProShares UltraShort which can be compared to its competitors. Please employ ProShares UltraShort Total Asset and Net Asset to make a decision on weather ProShares UltraShort is priced adequately. Use ProShares UltraShort to enhance returns of your portfolios. The etf experiences moderate upward volatility. Check odds of ProShares UltraShort to be traded at $30.55 in 30 days
ProShares UltraShort Company SummaryProShares UltraShort competes with iShares VII, BlackRock Asset, BlackRock Asset, iShares Public, and ISHARES EUR. The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.
ProShares UltraShort Five Year Return vs Three Year Return
ProShares UltraShort Utilities is rated below average in five year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs .