SDS UltraShort (2x) S&P 500 ETF
Seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P500 Index.The Index is a capitalization-weighted index made up of 500 widely held large-cap U.S. stocks spread out among eleven sectors of the economy using the GCIS sector classification system. It is not the largest 500 companies in the U.S., but rather 500 companies picked by a committee at S&P. These experts consider various factors when determining the 500 stocks that are included in the index, including market size, liquidity and industry grouping. See more discussion of this index in our article what is the S&P 500 Index?
$43.28 -0.17 (-0.39%)
As of 03/23/2023 16:00:00 EST IEX book CBOE book
ETF Information
Sponsor: ProShares
Category1: US Equity
Category2: Broad market
Category3: Large cap
Morningstar category: Trading--Inverse Equity
Leverage factor: -2.00
Inception date: 07/11/2006
Index tracking method: Passive replication
Current yield: 0.37%
Historical average yield: 6.60%
Market cap: $1,056,302,500
Average volume: 9,059,013
Fees: 0.9000%
Index Information
S&P 500 Index
Index symbol: SPX
Provider: S&P Dow Jones
Total return index symbol: SP500TR
Index weighting: Market capitalization
Index inception date: 03/04/1957
Backtesting data exists: No
Number of holdings: 500
Strategy: Passive market cap indexing