SBB

ProShares Short SmallCap600

$14.19
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The SBB ETF seeks to provide inverse (opposite) exposure to the performance of the S&P SmallCap 600 Index, which tracks small-capitalization U.S. stocks.

Overview

ETF tracking ProShares Short SmallCap600

Category Small Cap
Issuer ProShares
Inception Date 2008-11-12
Market Cap $4.9M
Average Volume N/A
Dividend Yield 4.24%
52-Week Range $13.51 - $18.43
VWAP $14.21

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SBB ETF seeks to provide inverse (opposite) exposure to the performance of the S&P SmallCap 600 Index, which tracks small-capitalization U.S. stocks.

🎯 Investment Strategy

The fund uses short positions and derivatives to aim for returns that are the inverse of the underlying index. This means the fund's value is designed to increase when the index declines, and vice versa.

✨ Key Features

  • Provides inverse exposure to the S&P SmallCap 600 Index, which represents small-cap U.S. equities
  • Uses short positions and derivatives to target the opposite performance of the index
  • Suitable for investors seeking to hedge or profit from a decline in small-cap stocks
  • Has not yet accumulated significant assets under management

⚠️ Primary Risks

  • Inverse/short exposure magnifies losses when the underlying index rises
  • Derivative instruments can increase volatility and counterparty risk
  • Lack of trading volume and assets may impact liquidity and widen bid-ask spreads
  • Potential for significant tracking error versus the target index's inverse performance

👤 Best For

This ETF is best suited for experienced investors looking to hedge or speculate on a decline in small-cap U.S. stocks. It carries higher risk and complexity compared to long-only small-cap equity funds, and is not recommended for most retail investors with a long-term buy-and-hold strategy.