Fund Description
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P 500®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $39.42 | Expense Ratio | 0.91% |
| YTD Return | 27.2% | Avg. 30-Day Volume | 12,449,056 |
| 1-Year Return | 38.9% | Market Cap | Loading... |
| Bid | $39.41 | Shares Outstanding | 47,584,000 |
| Ask | $39.42 | Dividends | $0.00 |
