ProShares Etf Profile
| SDS Etf | USD 36.53 0.20 0.55% |
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ProShares UltraShort is selling for under 36.53 as of the 24th of September 2023; that is 0.55% increase since the beginning of the trading day. The etf's lowest day price was 35.9. ProShares UltraShort has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ProShares UltraShort SP500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of October 2021 and ending today, the 24th of September 2023. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort SP500 is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort SP500
Moving together with ProShares Etf
| + | 0.99 | SH | ProShares Short SP500 | PairCorr | ||
| + | 0.95 | PSQ | ProShares Short QQQ | PairCorr | ||
| + | 1.0 | SPXU | ProShares UltraPro Short | PairCorr | ||
| + | 1.0 | SPXS | Direxion Daily SP | PairCorr | ||
| + | 0.94 | QID | ProShares UltraShort QQQ | PairCorr | ||
| + | 0.89 | RWM | ProShares Short Russ | PairCorr |
Moving against ProShares Etf
ProShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ProShares UltraShort's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares UltraShort or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of ProShares Trust | Michael Sapir |
| Old Names | [Seair Inc., SDS STAR DEF SYST - Tel Aviv Stock Exchang] |
| Thematic Ideas | (view all). |
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ProShares UltraShort's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Cautious HoldOvervalued | |
| Issuer | ProShares |
| Inception Date | 2006-07-11 |
| Benchmark | S&P 500 Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 7.72 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | J.P. Morgan Investor Services Co. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Michael Neches, Devin Sullivan |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 60.0 |
| Market Maker | IMC |
| Total Expense | 0.9 |
| Management Fee | 0.75 |
| Nav Price | 42.07 |
| Two Hundred Day Average | 44.71 |
| Ytd | 21.14% |
| Average Daily Volume In Three Month | 9.01M |
| Fifty Two Week Low | 34.55 |
| As Of Date | 11th of November 2022 |
| Average Daily Volume Last 10 Day | 6.11M |
| Fifty Two Week High | 57.07 |
| One Month | -20.87% |
| Fifty Day Average | 48.43 |
| Three Month | 6.03% |
| Beta In Three Year | (1.74) |
ProShares UltraShort SP500 [SDS] is traded in USA and was established 2006-07-11. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Large Cap ETFs. ProShares UltraShort at this time have 932.95 M in assets. , while the total return for the last 3 years was -32.0%.
Check ProShares UltraShort Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares UltraShort SP500 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ProShares UltraShort SP500 Etf Constituents
| S&P 500 Index Swap Bank Of America Na | 27.6% |
| S&P 500 Index Swap Citibank Na | 32.459998% |
| S&P 500 Index Swap Goldman Sachs International | 19.99% |
| S&P 500 Index Swap Morgan Stanley & Co. International Plc | 12.810001% |
| S&P 500 Index Swap Credit Suisse International | 8.87% |
| S&P 500 Index Swap Ubs Ag | 30.34% |
| S&P 500 Index Swap Bnp Paribas | 35.16% |
| S&P 500 Index Swap Societe Generale | 17.629999% |
| S&P 500 Index Swap Jp Morgan Securities | 20.59% |
| United States Treasury Bills | 16.63% |
ProShares UltraShort Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of ProShares UltraShort jumping above the current price in 90 days from now is near 1%. The ProShares UltraShort SP500 probability density function shows the probability of ProShares UltraShort etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ProShares UltraShort SP500 has a beta of -1.9454. This usually implies as returns on its benchmark rise, returns on holding ProShares UltraShort SP500 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ProShares UltraShort is expected to outperform its benchmark. Additionally, the company has an alpha of 0.0323, implying that it can generate a 0.0323 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ProShares UltraShort to move above the current price in 90 days from now is near 1 (This ProShares UltraShort SP500 probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) .
ProShares UltraShort Top Holders
| NAVFX | THE SECTOR ROTATION | Mutual Fund | Tactical Allocation |
| CGHIX | CROW POINT DEFINED | Mutual Fund | Tactical Allocation |
| APOPX | OPPORTUNISTIC FUND INVESTOR | Mutual Fund | Allocation--50% to 70% Equity |
| AACOX | OPPORTUNISTIC FUND CLASS | Mutual Fund | Allocation--50% to 70% Equity |
| AAOPX | OPPORTUNISTIC FUND CLASS | Mutual Fund | Allocation--70% to 85% Equity |
| AIOPX | OPPORTUNISTIC FUND INSTITUTIONAL | Mutual Fund | Allocation--70% to 85% Equity |
| FTGOX | SALIENT TACTICAL GROWTH | Mutual Fund | Long-Short Equity |
ProShares UltraShort Major Institutional Holders
Institutional Holdings refers to the ownership stake in ProShares UltraShort that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ProShares UltraShort's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ProShares UltraShort's value.| Instituion | Last Transaction | Type | Shares | Value | |
| Piershale Financial Group Inc | 2022-09-30 | Fund Units | 689.2 K | 37.6 M | |
| Manchester Financial Inc | 2023-06-30 | Fund Units | 937.1 K | 32.1 M | |
| Capital Investment Advisory Services Llc | 2023-03-31 | Fund Units | 488.3 K | 19.5 M | |
| Us Capital Wealth Advisors Llc | 2022-12-31 | Fund Units | 389.9 K | 17.9 M | |
| Susquehanna International Group Llp | 2023-06-30 | Put Options | 431.4 K | 14.8 M | |
| Juncture Wealth Strategies Llc | 2022-12-31 | Fund Units | 300.8 K | 13.8 M | |
| Cadent Capital Advisors Llc | 2023-06-30 | Fund Units | 340.4 K | 11.7 M | |
| Bedell Frazier Investment Counseling Llc | 2023-06-30 | Fund Units | 334.2 K | 11.5 M | |
| Psagot Value Holdings Ltd | 2022-12-31 | Fund Units | 173.9 K | 8 M | |
| Squarepoint Ops Llc | 2023-06-30 | Fund Units | 221.5 K | 7.6 M | |
| Raymond James Associates | 2023-03-31 | Fund Units | 189.2 K | 7.6 M |
ProShares UltraShort Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares UltraShort market risk premium is the additional return an investor will receive from holding ProShares UltraShort long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraShort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ProShares UltraShort's alpha and beta are two of the key measurements used to evaluate ProShares UltraShort's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.18 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.83 |
ProShares UltraShort Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. ProShares UltraShort Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ProShares UltraShort price patterns..
ProShares UltraShort Against Markets
Picking the right benchmark for ProShares UltraShort etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ProShares UltraShort etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ProShares UltraShort is critical whether you are bullish or bearish towards ProShares UltraShort SP500 at a given time. Please also check how ProShares UltraShort's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ProShares UltraShort without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy ProShares Etf?
Before investing in ProShares UltraShort, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ProShares UltraShort. To buy ProShares UltraShort etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ProShares UltraShort. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ProShares UltraShort etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ProShares UltraShort SP500 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ProShares UltraShort SP500 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ProShares UltraShort SP500, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ProShares Etf please use our How to Invest in ProShares UltraShort guide.
Already Invested in ProShares UltraShort SP500?
The danger of trading ProShares UltraShort SP500 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ProShares UltraShort is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ProShares UltraShort. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares UltraShort is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort SP500. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in employment. Note that the ProShares UltraShort information on this page should be used as a complementary analysis to other ProShares UltraShort's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for ProShares Etf analysis
When running ProShares UltraShort's price analysis, check to measure ProShares UltraShort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares UltraShort is operating at the current time. Most of ProShares UltraShort's value examination focuses on studying past and present price action to predict the probability of ProShares UltraShort's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares UltraShort's price. Additionally, you may evaluate how the addition of ProShares UltraShort to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares UltraShort is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.