SRTYProShares UltraPro Short Russell2000
SRTY Fund Description
SRTY provides 3x inverse exposure to a market-cap-weighted index of US small-cap companies.
SRTY Factset Analytics Insight
SRTY provides an aggressive, one-day bet against the Russell 2000's index of 2,000 small-cap US firms. The fund will track -3x the returns of the underlying index and it may use both ETF and index swaps to achieve its inverse exposure. As with most leveraged and inverse products, SRTY is designed to provide its -3x exposure for one trading day, and anyone holding it for longer than a day will be exposed to the effects of compounding, which cause returns to drift away from the expected inverse exposure to the index. Investors should therefore plan to hold SRTY for no longer than one day, and if they do hold it for longer, they will need to adjust their investment on a daily basis.
SRTY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SRTY. SRTY is rated a N/A out of 5.