Use fundamental data analysis to confirm all available drivers of ProShares UltraShort to find out if markets are presently mispricing the entity. We found nine 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 protect against small markets fluctuations. The etf experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of ProShares UltraShort to be traded at $35.54 in 30 days
ProShares UltraShort Company SummaryProShares UltraShort competes with ProShares Short, ProShares UltraPro, ProShares UltraShort, and Direxion Daily. The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse of the daily performance of the SP 500. 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 is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.
ProShares UltraShort Ten Year Return vs Bond Positions Weight
ProShares UltraShort SP500 is rated below average in ten year return as compared to similar ETFs. It is rated third largest ETF in bond positions weight as compared to similar ETFs .