SH

ProShares Short S&P500

$36.89
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The SH ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the S&P 500 Index.

Overview

ETF tracking ProShares Short S&P500

Category Inverse
Issuer ProShares
Inception Date 2008-11-12
Market Cap N/A
Average Volume N/A
Dividend Yield 5.01%
52-Week Range $35.98 - $49.94
VWAP $36.94

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SH ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the S&P 500 Index.

🎯 Investment Strategy

The fund uses short positions and derivatives to track the inverse of the S&P 500 Index. This allows investors to potentially profit when the broader market declines.

✨ Key Features

  • Inverse exposure to the S&P 500 Index, providing potential gains when the market falls
  • Daily rebalancing to maintain the -1x target exposure
  • Low expense ratio of 0.00%
  • Liquid and exchange-traded for easy access

⚠️ Primary Risks

  • Inverse performance means the fund will lose value when the market rises
  • Daily rebalancing can lead to performance deviation from the -1x target over longer periods
  • Derivative usage introduces additional risks such as counterparty risk
  • Lack of long-term performance history makes it difficult to evaluate long-term viability

👤 Best For

This ETF is best suited for experienced investors seeking to hedge or speculate against broad market declines. It requires close monitoring and may not be appropriate for long-term buy-and-hold strategies.