ProShares UltraShort Utilities (SDP)
- Equity | Utility Funds
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. 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 measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.
Fund Snapshot Updated 04.16.2014
|Previous Close||$16.14||Expense Ratio||0.75%|
|YTD Return||22.43%||Avg. 30-Day Volume||2,061|
|1-Year Return||25.2%||Market Cap||Loading...|