SDOW

ProShares UltraPro Short Dow 30

$34.25

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The SDOW ETF seeks to provide 3x daily inverse exposure to the performance of the Dow Jones Industrial Average (DJIA).

Overview

ETF tracking ProShares UltraPro Short Dow 30

Category Inverse

Issuer ProShares

Inception Date 2010-02-11

Market Cap N/A

Average Volume N/A

Dividend Yield 7.53%

52-Week Range $31.98 - $70.59

VWAP $34.35

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SDOW ETF seeks to provide 3x daily inverse exposure to the performance of the Dow Jones Industrial Average (DJIA).

🎯 Investment Strategy

SDOW uses swaps and other derivative instruments to provide leveraged short exposure to the DJIA. The fund aims to deliver -300% of the daily performance of the index.

✨ Key Features

Provides 3x daily inverse exposure to the Dow Jones Industrial Average
Utilizes derivatives like swaps to achieve its leveraged short strategy
Resets daily, so performance may not match the inverse of the index over longer periods
Very high volatility and risk, not suitable for long-term buy-and-hold investors

⚠️ Primary Risks

Extremely high volatility and risk due to the leveraged short strategy
Daily rebalancing can lead to performance drift from the inverse of the index over time
Potential for significant losses if the underlying index rises
Liquidity risk and counterparty risk associated with derivative instruments

👤 Best For

SDOW is a highly speculative instrument best suited for experienced traders with a very short-term, tactical investment horizon. It is not recommended for long-term investors or those with a low risk tolerance.