SDPProShares UltraShort Utilities
SDP Fund Description
SDP provides 2x leveraged inverse exposure to a market-cap-weighted index that measures the performance of large US utilities companies.
SDP Factset Analytics Insight
SDP is a geared inverse ETN that aims to provide investors with the ability to make a short-term bearish bet on the US Utilities Sector. The fund provides -2x leveraged exposure to the Dow Jones U.S. Utilities Index, which is a market-cap-weighted index of about 64 utilities firms as classified by S&P Dow Jones. SMN is designed to be a short-term trading vehicle, not a long-term investment, it holds swaps and rebalances on a daily basis. As a result, compounding and path dependency make long-term returns difficult to predict when compared with the performance of its underlying index.
SDP Summary Data
SDP Portfolio Data
SDP Index Data
SDP Fund Structure
SDP Tax Exposures
SDP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SDP. SDP is rated a N/A out of 5.