ProShares UltraShort Utilities has a volatility of 1.78 and is 3.49 times more volatile than DOW. 16%
of all equities and portfolios are less risky than ProShares UltraShort. Compared to the overall equity markets, volatility of historical daily returns of ProShares UltraShort Utilities is lower than 16 (%)
of all global equities and portfolios over the last 30 days. Use ProShares UltraShort Utilities to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of ProShares UltraShort to be traded at $25.32 in 30 days
. As returns on market increase, ProShares UltraShort returns are expected to increase less than the market. However during bear market, the loss on holding ProShares UltraShort will be expected to be smaller as well.
ProShares UltraShort correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding ProShares UltraShort Utilities and equity matching DJI index in the same portfolio.