SKF

ProShares UltraShort Financials
*Unless otherwise stated, data provided by FactSet.

SKF Fund Description

SKF provides 2x inverse exposure to a market-cap-weighted index of US financial services companies.

SKF Factset Analytics Insight

SKF provides -2x exposure to the Dow Jones US Financials Index—a market-cap-weighted index of US financial firms as classified by Dow Jones. As you'd expect, that makes SKF a bet against some of the giants of US banking, insurance, real estate, and investment: Berkshire Hathaway, JPMorgan Chase, Wells Fargo, and Bank of America, among others. SKF isn't designed to be a long-term investment product because of its daily rebalance. As a result, compounding and path dependency lead to a lack of predictability in the fund's long-term returns—especially when compared with its beta cousin, IYF. SKF gets the added exposure by using derivatives and money market instrument.

SKF 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 10/26/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SKF -14.48% -10.14% -22.49% -31.05% -22.27% -25.26% -28.37%
SKF (NAV) -7.90% -7.22% -19.25% -27.75% -21.04% -24.70% -28.11%
DJ Global United States (All) / Financials -IND 3.72% 2.41% -14.46% -9.36% 2.45% 7.65% 10.41%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SKF Summary Data

ProShares
01/30/07
Open-Ended Fund
0.95%
$32.36M
0.12%
SEF, FAZ

SKF Portfolio Data

0.48%
12/23/20

SKF Index Data

Market Cap
Market Cap
N/A

SKF Fund Structure

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

SKF Tax Exposures

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

SKF Factset Analytics Block Liquidity

As of 10/27/20
5
4
3
2
1

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

SKF Tradability

117,710
$1.30M
100,342
$1.11M
0.12%
$0.01
-0.01%
2.31% / -0.57%
None
0.00%
25,000
4.01
0.04%
--
12,008
$11.08
N/A