ProShares UltraShort Semi Deviation

ProShares UltraShort Utilities -- USA Etf  

USD 27.27  0.54  1.94%

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ProShares UltraShort Utilities has current Semi Deviation of 0.5543. 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) 
 = 
0.5543
SQRT =   Square root notation
SV =   ProShares UltraShort semi variance of returns over selected period

Semi Deviation Comparison

ProShares UltraShort Utilities is presently regarded as number one ETF in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  8.01  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for ProShares UltraShort Utilities is roughly  8.01 
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
S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the i... more
NameProShares UltraShort Utilities
Macroaxis Advice
InstrumentUSA Etf ETF Directory
RegionNorth America
Investment IssuerProShares
ExchangeArchipelago Exchange
CurrencyUSD - US Dollar
IssuerProShares
DescriptionProShares UltraShort Utilities
Inception Date2007-01-30
BenchmarkDJ US Utilities TR USD
Entity TypeRegulated Investment Company
Asset Under Management8 Million
Average Trading Valume10,375
Asset TypeEquity
CategorySector
FocusUtilities
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year EndMay 31
ExchangeNYSE Arca, Inc.
Market MakerIMC Chicago
Total Expense1.72
Management Fee0.75