ProShares UltraShort Semi Deviation

ProShares UltraShort Bloomberg Natrl Gas -- USA Etf  

USD 47.82  3.3  7.41%

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ProShares UltraShort Bloomberg Natrl Gas has current Semi Deviation of 2.96. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
ProShares UltraShort 
Semi Deviation 
=  
SQRT(SV) 
 = 
2.96
SQRT =   Square root notation
SV =   ProShares UltraShort semi variance of returns over selected period

Semi Deviation Comparison

ProShares UltraShort Bloomberg Natrl Gas is rated second overall ETF in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  5.29  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for ProShares UltraShort Bloomberg Natrl Gas is roughly  5.29 
Semideviation is the square root of semi variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare ProShares UltraShort to competition
The manager intends to meet its investment objective by taking long or short positions in natural gas futures contracts. The Natural Gas Funds may also invest in swaps if... more
NameProShares UltraShort Bloomberg Natrl Gas
Macroaxis Advice
InstrumentUSA Etf ETF Directory
RegionGlobal
Investment IssuerProShares
ExchangeArchipelago Exchange
CurrencyUSD - US Dollar
IssuerProShares
DescriptionProShares UltraShort Bloomberg Natural Gas
Inception Date2011-10-04
BenchmarkDJ UBS Sub Natural Gas TR USD
Entity TypePartnership
Asset Under Management5.93 Million
Average Trading Valume82,007
Asset TypeCommodities
CategoryEnergy
FocusNatural Gas
Market ConcentrationBlended Development
RegionGlobal
AdministratorBrown Brothers Harriman & Co.
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerRyan Dofflemeyer
Transfer AgentBrown Brothers Harriman & Co.
TrusteeWilmington Trust Company
Fiscal Year EndDecember 31
ExchangeNYSE Arca, Inc.
Market MakerIMC Chicago
Total Expense1.65
Management Fee0.95