SPXU ProShares UltraPro Short S&P500

Price $23.44
Today's Change -0.36 (-1.51%)
Today's Volume 6.3 M
4:00pm (ET) 07/22/16

SPXU Fund Description

The ProShares UltraPro Short S&P 500 ETF provides (-3x) exposure to a market-cap weighted index of 500 of the largest and most liquid US companies.

SPXU FactSet Analytics Insight

SPXU delivers a very aggressive single-day bettypically enjoys very strong liquidity against the S&P 500, ratcheting up the leverage to provide 3x inverse exposure to the widely followed index. The fund, like most geared inverse products, is designed to deliver its -3x exposure to the S&P 500—a cap-weighted basket of 500 of the largest firms in the US—for just one trading day. Holding it for a period longer than that will introduce the effects of compounding, a dynamic that’s increasingly pronounced as you add more leverage to the strategy. The tool is designed to be held for no more than one day or your position will need to be adjusted daily.

SPXU typically enjoys very strong liquidity, which is paramount for a product of this nature.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 07/21/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
SPXU-12.08%-13.49%-24.94%-26.13%-34.07%-39.43%--
SPXU (NAV)-12.15%-13.53%-24.89%-26.17%-34.10%-39.45%--
S&P 5003.80%4.09%7.23%4.46%10.86%12.43%8.03%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.
Average Spread
Premium/Discount
Volume

SPXU FactSet Analytics Block Liquidity

As of 07/22/16
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of SPXU. SPXU is rated a 5 out of 5.

SPXU Summary Data

ProShares
06/25/09
Open-Ended Fund
0.93%
$865.67 M

SPXU Portfolio Data

0%
09/21/16

SPXU Index Data

S&P 500
Market Cap
Committee
N/A

SPXU Fund Structure

Yes
No
0% / 100%
N/A
N/A
Low
-3x
Daily

SPXU Tax Exposures

20.00% / 39.60%
--
No

SPXU Tradability

5,628,900
$152.55 M
4,807,199
$128.45 M
0.04%
-0.03%
0.43% / -0.27%
None
50,000
96.14
0.02%
56,735
$23.80
5