ProShares UltraShort S&P 500 (SDS)
- Equity | Large-Cap Funds
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...|