Proshares Short Sp500 Etf Profile

SH Etf  USD 13.80  0.06  0.44%   


0 of 100

Very Weak

Odds Of Distress

Less than 1

Very Small
ProShares Short is trading at 13.80 as of the 6th of December 2023. This is a 0.44 percent increase since the beginning of the trading day. The etf's open price was 13.74. ProShares Short 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 Short SP500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2023 and ending today, the 6th of December 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. Short SP500 is traded on NYSEARCA Exchange in the United States. More on ProShares Short SP500

Moving together with ProShares Etf

+0.93PSQProShares Short QQQ Aggressive PushPairCorr
+0.99SPXUProShares UltraPro ShortPairCorr
+1.0SDSProShares UltraShortPairCorr
+0.99SPXSDirexion Daily SPPairCorr
+0.93QIDProShares UltraShort QQQ Aggressive PushPairCorr
+0.86RWMProShares Short RussPairCorr

Moving against ProShares Etf

-0.95CIRCJPMorgan SustainablePairCorr
-0.83MPAYAkros Monthly PayoutPairCorr
-0.74PRVTPrivate Real EstatePairCorr
-0.57WGMIValkyrie Bitcoin MinersPairCorr

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 Short's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares Short or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of ProShares TrustMichael Sapir
Thematic Ideas
(View all Themes)
Business ConcentrationLarge Cap ETFs, Size And Style ETFs (View all Sectors)
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 Short's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Inception Date2006-06-19
BenchmarkS&P 500 Index
Entity TypeRegulated Investment Company
Asset Under Management1.55 Billion
Average Trading Valume18.58 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
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 End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents78.0
Market MakerVirtu Financial
Total Expense0.88
Management Fee0.75
Country NameUSA
Returns Y T D(12.03)
NameProShares Short SP500
Currency CodeUSD
Open FigiBBG000PNJHB1
In Threey Volatility17.4
1y Volatility15.94
200 Day M A14.5073
50 Day M A14.2988
Updated At5th of December 2023
Currency NameUS Dollar
ProShares Short SP500 [SH] is traded in USA and was set up on 2006-06-19. The fund is currently listed under Trading--Inverse Equity category as part of ProShares family of funds. The entity is thematically classified as Large Cap ETFs. ProShares Short SP500 at this time have 3.83 B in assets. , while the total return for the last 3 years was -8.4%.
Check ProShares Short 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 Short 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 Short SP500 Etf Constituents

S&P 500 Index Swap Bank Of America Na20.37%
S&P 500 Index Swap Citibank Na12.57%
S&P 500 Index Swap Goldman Sachs International15.86%
S&P 500 Index Swap Credit Suisse International3.17%
S&P 500 Index Swap Ubs Ag11.1%
S&P 500 Index Swap Bnp Paribas8.2200006%
S&P 500 Index Swap Societe Generale8.9899994%
S&P 500 Index Swap Jp Morgan Securities16.72%
United States Treasury Bills7.93%

ProShares Short Target Price Odds Analysis

Coming from a normal probability distribution, the odds of ProShares Short jumping above the current price in 90 days from now is about 84.13%. The ProShares Short SP500 probability density function shows the probability of ProShares Short etf to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon ProShares Short SP500 has a beta of -0.9055. This usually implies Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ProShares Short SP500 is significantly underperforming NYSE Composite.
  Odds Below 13.8HorizonTargetOdds Above 13.8
15.63%90 days
Based on a normal probability distribution, the odds of ProShares Short to move above the current price in 90 days from now is about 84.13 (This ProShares Short SP500 probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) .

ProShares Short Top Holders

GAVAXGavekal Kl AllocationMutual FundTactical Allocation
RQECXResq Dynamic AllocationMutual FundTactical Allocation
RQEAXResq Dynamic AllocationMutual FundTactical Allocation
RQEIXResq Dynamic AllocationMutual FundTactical Allocation
DGQUXAmericafirst Defensive GrowthMutual FundLong-Short Equity
DGQIXAmericafirst Defensive GrowthMutual FundLong-Short Equity
DGQAXAmericafirst Defensive GrowthMutual FundLong-Short Equity
More Details

ProShares Short SP500 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares Short market risk premium is the additional return an investor will receive from holding ProShares Short 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 Short. 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 Short's alpha and beta are two of the key measurements used to evaluate ProShares Short's performance over the market, the standard measures of volatility play an important role as well.

ProShares Short SP500 Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. ProShares Short SP500 Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ProShares Short price patterns.

ProShares Short Against Markets

Picking the right benchmark for ProShares Short 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 Short 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 Short is critical whether you are bullish or bearish towards ProShares Short SP500 at a given time. Please also check how ProShares Short'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 Short 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.

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How to buy ProShares Etf?

Before investing in ProShares Short, 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 Short. To buy ProShares Short etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ProShares Short. 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 Short etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ProShares Short 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 Short 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 Short 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 Short guide.

Already Invested in ProShares Short SP500?

The danger of trading ProShares Short 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 Short 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 Short. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares Short SP500 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.
When determining whether ProShares Short SP500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Short's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Short Sp500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Short Sp500 Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Short 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 rate.
Note that the ProShares Short SP500 information on this page should be used as a complementary analysis to other ProShares Short'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for ProShares Etf analysis

When running ProShares Short's price analysis, check to measure ProShares Short'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 Short is operating at the current time. Most of ProShares Short's value examination focuses on studying past and present price action to predict the probability of ProShares Short'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 Short's price. Additionally, you may evaluate how the addition of ProShares Short to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares Short SP500 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.