SAAProShares Ultra SmallCap600
SAA Fund Description
SAA provides 2x leveraged exposure to a market-cap-weighted index of 600 US small-cap companies.
SAA Factset Analytics Insight
SAA, as a levered product, 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. Eligible securities are screened through a process that factors in liquidity, price, market capitalization, financial viability and public float. As a short-term instrument, total costs associated with using this ETF are heavily weighted toward trading costs.
SAA Charts And Performance
SAA Factset Analytics Block Liquidity
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.