SCC

ProShares UltraShort Consumer Discretionary

$15.53

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The SCC ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the S&P 500 Consumer Discretionary Index.

Overview

ETF tracking ProShares UltraShort Consumer Discretionary

Category Leveraged

Issuer ProShares

Inception Date 2008-11-12

Market Cap $2.5M

Average Volume N/A

Dividend Yield 4.64%

52-Week Range $14.16 - $28.84

VWAP $15.51

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SCC ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the S&P 500 Consumer Discretionary Index.

🎯 Investment Strategy

The fund uses swaps and other derivative instruments to provide the desired inverse leveraged exposure to the target index. It does not invest directly in the underlying stocks.

✨ Key Features

Provides 2x inverse (short) exposure to the consumer discretionary sector
Designed for short-term trading, not long-term buy-and-hold
Utilizes derivatives to achieve its leveraged objective
Expense ratio of 0.00%

⚠️ Primary Risks

Significant daily volatility and potential for large losses
Leverage magnifies both gains and losses
Tracking error can cause returns to deviate from the target
Not suitable for investors with long time horizons

👤 Best For

This ETF is best suited for experienced, sophisticated traders who understand the risks of leveraged and inverse products and are looking for short-term exposure to the inverse performance of the consumer discretionary sector. It is not recommended for long-term, buy-and-hold investors.