ProShares UltraShort Net Asset

SCO -- USA Etf  

USD 16.80  0.13  0.78%

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Net Asset Analysis

Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
ProShares UltraShort 
Net Asset 
 = 
Current Market Value 
Current Liabilities 
 = 
180.51 M

About Net Asset

Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
Compare to competition
Based on recorded statements ProShares UltraShort Bloomberg Crude Oil has Net Asset of 180.51 M. This is 11.83% higher than that of the ProShares family, and significantly higher than that of Energy category, The Net Asset for all etfs is 79.69% higher than the company.

Peer Comparison

ProShares UltraShort Net Asset Comparison
  Net Asset 
      ProShares UltraShort Comparables 
ProShares UltraShort is rated below average in net asset as compared to similar ETFs.

Current ProShares UltraShort financial ratios



 
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