SAA

ProShares Ultra SmallCap600
*Unless otherwise stated, data provided by FactSet.

SAA Fund Description

SAA provides 2x leveraged exposure to a market-cap-weighted index of 600 companies with market caps between $52.3M and $5.2B.

SAA Factset Analytics Insight

As a levered product, SAA is not a buy-and-hold ETF; it’s a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only for 1 day. Rebalance your exposure if you want the multiple for longer periods.SAA offers 2x levered exposure to 600 companies that span mid-cap, small-cap and micro-cap territories, i.e., the S&P 600.As a short-term instrument, total costs associated with using this ETF are heavily weighted toward trading costs. Unfortunately, SAA is has struggled with liquidity. Check the latest data in the Tradability section. Other levered small cap plays might be more liquid (try TNA or UWM).

SAA MSCI ESG Analytics Insight

ProShares Ultra SmallCap600 has an MSCI ESG Fund Rating of BB based on a score of 3.59 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares Ultra SmallCap600 ranks in the 15th percentile within its peer group and in the 9th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SAA Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SAA -4.55% 1.74% 24.25% -11.82% 15.18% 15.81% 20.51%
SAA (NAV) -4.49% 1.96% 23.79% -11.30% 15.77% 15.92% 20.55%
S&P Small Cap 600 -2.02% 1.94% 14.45% -2.05% 10.71% 10.44% 20.55%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SAA Summary Data

ProShares
01/23/07
Open-Ended Fund
0.95%
$23.51M
0.68%

SAA Portfolio Data

0.45%
12/24/19

SAA Index Data

S&P Small Cap 600
Market Cap
Committee
N/A

SAA Fund Structure

Yes
No
No Policy
N/A
N/A
High
2
Daily

SAA Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SAA Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SAA. SAA is rated a N/A out of 5.

SAA Tradability

432
$55.20K
221
$45.59K
0.68%
$0.64
-0.18%
6.47% / -2.60%
None
0.00%
25,000
0.01
0.01%
--
4
$96.10
N/A

SAA MSCI ESG Ratings

BB
3.59 / 10
8.79
14.94
3.61%
4.35%
110.08