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.

PERFORMANCE [as of 12/02/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SKF 13.35% 3.71% -39.81% -44.64% -37.63% -31.84% -32.87%
SKF (NAV) 6.68% -2.32% -43.50% -47.49% -38.87% -32.79% -33.12%
DJ Global United States (All) / Financials -IND -3.69% 0.01% 27.82% 32.31% 14.83% 13.79% 15.74%
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%
$13.42M
0.13%

SKF Portfolio Data

0.13%
N/A

SKF Index Data

Market Cap
Market Cap
N/A

SKF Fund Structure

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

SKF Tax Exposures

20.00% / 39.60%
--
No

SKF Factset Analytics Block Liquidity

As of 12/03/21
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

65,195
$565.30K
51,962
$437.76K
0.13%
$0.01
-0.02%
100.00% / -50.00%
None
100.00%
25,000
2.08
0.11%
--
10,626
$8.94
N/A