SPXU - ProShares UltraPro Short S&P500
28.58 -0.08 (-0.28%)
After hours: 7:39PM EDT
| Previous Close | 28.46 |
| Open | 28.48 |
| Bid | 29.18 x 4000 |
| Ask | 29.21 x 4000 |
| Day's Range | 28.38 - 28.69 |
| 52 Week Range | 28.38 - 57.87 |
| Volume | 2,300,970 |
| Avg. Volume | 4,911,124 |
| Net Assets | 506.13M |
| NAV | 28.47 |
| PE Ratio (TTM) | N/A |
| Yield | 2.01% |
| YTD Return | -38.77% |
| Beta (3Y Monthly) | -2.88 |
| Expense Ratio (net) | 0.91% |
| Inception Date | 2009-06-23 |
- Zacks•14 days ago
Profit From These ETFs if Market Turmoil Heightens
Investors could stash their cash in the following ETFs that offer stability or even profit if market turmoil worsens.
- ETF Trends•2 months ago
3 Rules for Investing in Leveraged ETFs
The primary purpose a trader will want to use leveraged ETFs is to amplify his or her returns. Leveraged ETFs will typically carry two or three times the returns of the index, depending on the product. ...
- TheStreet.com•2 months ago
Be Careful in Both Directions, the Market Beast Is Very Ornery Now
The basis for the big gap-up open Friday morning was news that indexing of China stocks would increase dramatically. While that caught bears by surprise, it isn't news that has legs. It caused some shorts to cover and created anxiety for underinvested bulls but there is a sharp reversal occurring now and the chasers Friday morning are trapped much like the bears at the close on Thursday.
- TheStreet.com•2 months ago
The Market Seldom Likes to Do What Is Easy, Sensible and Logical
The indices haven't made much progress for a few days now but they have not succumbed to numerous calls for downside. My methodology is to move incrementally which means taking partial profits into strength and buying partial positions on weakness.
- ETF Trends•2 months ago
What Are Leveraged ETFs?
Just like an individual stock, an exchange-traded fund (ETF) can be bought and sold freely via an exchange. This dynamic ability gives traders the option to make quick intraday trades to seek a profit. ...
- ETF Trends•3 months ago
Traders Flock to a Bearish S&P 500 ETF
The S&P 500 is rallying to start 2019, but some traders are expressing a different with the ProShares Short S&P500 (SH) , one of the largest and most heavily traded inverse exchange traded funds in the U.S. Rather, the ProShares product is designed to deliver the daily inverse performance of the S&P 500. For example, if the S&P 500 falls by 1% on a particular day, SH should rise by a similar amount.
- Investopedia•4 months ago
Inverse Index ETFs: Bear With Them in January
Stocks enter 2019 surrounded in uncertainty. Consider using these three inverse index ETFs to short the market in January.
- ETF Trends•5 months ago
10 ETF Strategies to Stay Ahead of the Bearish Turn
As the equity market continues to pullback and more or less erase gains for the year, concerned investors can take on some exposure to bearish or inverse ETFs to hedge against further falls. For example, the ProShares Short S&P500 (SH) takes a simple inverse or -100% daily performance of the S&P 500 index. Alternatively, for the more aggressive trader, leveraged options include the ProShares UltraShort S&P500 ETF (SDS) , which tries to reflect the -2x or -200% daily performance of the S&P 500, the Direxion Daily S&P 500 Bear 3x Shares (SPXS) , which takes the -3x or -300% daily performance of the S&P 500, and ProShares UltraPro Short S&P 500 ETF (SPXU) , which also takes the -300% daily performance of the S&P 500.
- 6 months ago
ETF Plays for a Divided Midterm Elections
With a contentious midterms election season coming up, many anticipate a split government that could potentially impact the way ETF investors ride the markets ahead. Some expectations point to Democrats winning back the House of Representatives and the Republicans maintaining a narrow hold on the Senate - Republicans currently dominate both chambers. "If the consensus expectation of a divided government turns out to be correct, the most likely political consequences would be an increase in investigations and uncertainty surrounding fiscal deadlines," David Kostin, Goldman's chief U.S. equity strategist, said in a note.
- ETF Trends•6 months ago
U.S. Stock ETFs Should Shrug Off Volatility
While investors may be questioning their equity exposure after the recent bout of volatility, U.S. stock ETFs may still find support from strong fundamentals. Sam Stovall, Chief Investment Strategist of U.S. Equity Strategy at CFRA, pointed out in a recent research note that since October, the S&P 500 has witnessed a 40% surge in average intra-day volatility, compared to the first nine months of the year.
- ETF Trends•7 months ago
ETF Investors Shouldn’t Be Too Worried About October Jinx
Historically, the Dow Jones Industrial Average returned an average 0.6% over October, which has made it the seventh-best month of the year. The S&P 500 typically added 0.9% over October, which is also good enough for seventh place, with the same ratio of positive October months to negative ones as the Dow. Meanwhile, the Nasdaq Composite Index's October was historically the eighth-best month of the year, going back 46 years.
- Investopedia•7 months ago
Top 4 Inverse ETFs for a Bear Market
The stock market has been on an upswing for a number of years, although it has been particularly volatile lately as trade war fears have heated up, suggesting that this might be the right time to consider bear market inverse ETFs.
- ETF Trends•7 months ago
Bearish ETF Strategies to Help Hedge Midterm Volatility
Investors are turning to the options market to hedge bets ahead of the U.S. midterm elections. ETF investors can also plan for potential political risk ahead with bearish or inverse exchange traded funds. The fall months have traditional been a seasonally volatile period for the equity market, and this year, the midterm elections on November 6 will add to the uncertainty as voters head to the polls and determine whether Republicans will maintain control over Congress or lose ground to Democrats, writes Gunjan Banerji for the Wall Street Journal.
- ETF Trends•8 months ago
10 Alternative ETFs for a Historically Volatile Month of the Year
Equity investors who are wary of any further swings can look to alternative ETF strategies to limit the potential risks. According to data from "Stock Trader's Almanac," the month of September has been the worst performing month of the year for the Dow Jones Industrial Average and the S&P 500 since 1950, the worst for the Nasdaq since 1971, and the most difficult for the Russell 1000 and Russell 2000 since 1979, CNBC reports.
- ETF Trends•9 months ago
10 Inverse ETFs to Hedge Against Further Stock Market Risks
Morgan Stanley's chief U.S. equity strategist Michael Wilson warned the equity market is heading toward a destructive phase, CNBC reports. "The Nasdaq could correct by 15 percent plus, the S&P 500 probably goes down about 10 [percent]," Wilson told CNBC.
- InvestorPlace•9 months ago
Trump Slaps Further Tariffs: Profit From Inverse ETFs
Trade tensions, especially between the world’s two largest economies, have been playing foul on the stock market over the past several months. The new tariff will go into effect sometime after Aug 30. China’s commerce ministry called the U.S. actions “completely unacceptable” and warned of retaliatory moves.
- Zacks•9 months ago
Trump Slaps Further Tariffs: Profit from Inverse ETFs
The latest shot in the escalating trade dispute could prove to be catastrophic for stocks, thereby raising the appeal for inverse or leveraged inverse ETFs that could generate big gains in a short span.
- Business Wire•11 months ago
ProShares Announces ETF Share Splits
ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 20 of its ETFs. The splits will not change the total value of a shareholder's investment.
