Proshares Sp 500 Etf Profile

SPXB Etf  USD 75.54  0.40  0.53%   

Performance

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Odds Of Distress

Less than 9

 
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ProShares is trading at 75.54 as of the 28th of March 2024, a 0.53 percent increase since the beginning of the trading day. The etf's open price was 75.14. ProShares has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ProShares SP 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The index consists exclusively of investment grade bonds issued by companies in the SP 500. SP 500 is traded on NYSEARCA Exchange in the United States. More on ProShares SP 500

Moving together with ProShares Etf

  0.84LQD IShares IBoxx InvestmentPairCorr
  0.71IGIB IShares 5-10 YearPairCorr
  0.96USIG IShares Broad USDPairCorr
  0.79SUSC IShares ESG USDPairCorr
  0.99QLTA IShares Aaa -PairCorr
  0.96CORP PIMCO Investment GradePairCorr

Moving against ProShares Etf

  0.54VUG Vanguard Growth IndexPairCorr
  0.48SPY SPDR SP 500PairCorr
  0.48IVV IShares Core SPPairCorr
  0.47VTI Vanguard Total StockPairCorr

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' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Corporate ETFs, Corporate Bond, ProShares (View all Sectors)
IssuerProShares
Inception Date2018-05-01
BenchmarkS&P 500 MarketAxess Investment Grade Corporate Bond Index
Entity TypeRegulated Investment Company
Asset Under Management9.39 Million
Average Trading Valume462.6
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerJeffrey Ploshnick, Benjamin McAbee
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents385
Market MakerSusquehanna
Total Expense0.15
Management Fee0.15
Country NameUSA
Returns Y T D(1.27)
NameProShares SP 500 Bond ETF
Currency CodeUSD
Open FigiBBG00KT9XZ46
In Threey Volatility9.78
1y Volatility9.7
200 Day M A73.9169
50 Day M A75.2837
CodeSPXB
Updated At27th of March 2024
Currency NameUS Dollar
ProShares SP 500 [SPXB] is traded in USA and was established 2018-05-01. The fund is listed under Corporate Bond category and is part of ProShares family. The entity is thematically classified as Investment Grade ETFs. ProShares SP 500 at this time have 12.55 M in assets. , while the total return for the last 3 years was -2.3%.
Check ProShares 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 SP 500 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 SP 500 Etf Constituents

AT&T Inc1.50999995%
T-Mobile USA, Inc.1.38%
Goldman Sachs Group, Inc.1.48%
International Business Machines Corporation1.3300001%
Berkshire Hathaway Finance Corporation1.35%
AbbVie Inc.1.2999999%
Cigna Corporation1.28999995%
Bristol-Myers Squibb Company1.3200001%
The Boeing Company1.27%
Oracle Corporation1.50999995%

ProShares Target Price Odds Analysis

What are ProShares' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ProShares jumping above the current price in 90 days from now is about 25.04%. The ProShares SP 500 probability density function shows the probability of ProShares etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ProShares has a beta of 0.0246. This usually implies as returns on the market go up, ProShares average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ProShares SP 500 will be expected to be much smaller as well. Additionally, proShares SP 500 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 75.54HorizonTargetOdds Above 75.54
73.78%90 days
 75.54 
25.04%
Based on a normal probability distribution, the odds of ProShares to move above the current price in 90 days from now is about 25.04 (This ProShares SP 500 probability density function shows the probability of ProShares Etf to fall within a particular range of prices over 90 days) .

ProShares SP 500 Risk Profiles

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

ProShares Against Markets

Picking the right benchmark for ProShares 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 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 is critical whether you are bullish or bearish towards ProShares SP 500 at a given time. Please also check how ProShares' 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 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, 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. To buy ProShares etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ProShares. 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 etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ProShares SP 500 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 SP 500 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 SP 500, 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 guide.

Already Invested in ProShares SP 500?

The danger of trading ProShares SP 500 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 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. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares SP 500 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 SP 500 is a strong investment it is important to analyze ProShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares' future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running ProShares' price analysis, check to measure ProShares' 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 is operating at the current time. Most of ProShares' value examination focuses on studying past and present price action to predict the probability of ProShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares' price. Additionally, you may evaluate how the addition of ProShares to your portfolios can decrease your overall portfolio volatility.
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The market value of ProShares SP 500 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.