SDDProShares UltraShort SmallCap600
SDD Fund Description
SDD provides daily -2x exposure to a market-cap-weighted index of 600 US small-cap companies.
SDD Factset Analytics Insight
SDD is an aggressive inverse play on the small-cap segment of the US equity market. With the use of swaps and derivatives, the fund aims to provide -2x levered exposure to the S&P SmallCap 600 Index, a market-cap-weighted index of small-cap firms selected by S&P’s index committee. As a levered product with daily resets, SBB is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.
SDD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SDD. SDD is rated a N/A out of 5.