SSOProShares Ultra S&P 500
SSO Fund Description
SSO provides 2x daily leveraged exposure to a market-cap-weighted index of 500 large- and mid-cap US companies selected by S&P.
SSO Factset Analytics Insight
As a levered product, SSO is not a buy-and-hold ETF, it's a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 2x target returns. The 500 underlying companies are some of the most well-known firms in the world and offer a broad exposure to the US large-cap market. But since the selection is committee based, some companies that we consider midcap may be included. The index is float-adjusted market cap weighted. Knowledge of the benefits, risks and pitfalls of levered products is paramount when investing in this fund.
SSO MSCI ESG Analytics Insight
ProShares Ultra S&P 500 has an MSCI ESG Fund Rating of BBB based on a score of 5.53 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 Ultra S&P 500 ranks in the 39th percentile within its peer group and in the 53th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SSO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SSO. SSO is rated a 5 out of 5.
SSO MSCI ESG Ratings
Options Strategies for Outcome Investing
Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.