SDSProShares UltraShort S&P500
SDS Fund Description
SDS provides 2x inverse exposure to a market-cap-weighted index of 500 large- and mid-cap US firms selected by the S&P Committee.
SDS Factset Analytics Insight
SDS provides a 1-day leveraged bet against the S&P 500 in a very liquid vehicle that's well-aligned with the tactical nature of the product. The fund, like most leveraged and inverse products, is designed to deliver 2x inverse exposure to its index—the S&P 500—for 1 day and 1 day only. Holding it for longer periods will expose investors to the performance drift resulting from compounding. As such, the tool should either be held for no more than 1 day or rebalanced regularly (adding or subtracting to one’s position in the fund) to offset these dynamics. In all, SDS provides the strong liquidity that’s paramount for a geared fund.
SDS MSCI ESG Analytics Insight
ProShares UltraShort S&P500 has an MSCI ESG Fund Rating of A based on a score of 6.70 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 UltraShort S&P500 ranks in the 84th percentile within its peer group and in the 79th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SDS CHARTS AND PERFORMANCE
SDS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SDS. SDS is rated a 5 out of 5.