SRTY

ProShares UltraPro Short Russell2000

$12.26

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The ProShares UltraPro Short Russell2000 ETF (SRTY) seeks to provide daily investment results that correspond to three times the inverse (-3x) of the daily performance of the Russell 2000 Index.

Overview

ETF tracking ProShares UltraPro Short Russell2000

Category Inverse

Issuer ProShares

Inception Date 2010-02-11

Market Cap $89.0M

Average Volume N/A

Dividend Yield 8.15%

52-Week Range $10.49 - $35.39

VWAP $12.32

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ProShares UltraPro Short Russell2000 ETF (SRTY) seeks to provide daily investment results that correspond to three times the inverse (-3x) of the daily performance of the Russell 2000 Index.

🎯 Investment Strategy

SRTY uses swaps and other derivative instruments to provide leveraged inverse exposure to the Russell 2000 Index. The fund aims to deliver -3x the daily return of the underlying index, before fees and expenses.

✨ Key Features

Provides -3x daily leveraged exposure to the Russell 2000 Index
Utilizes swaps and other derivatives to achieve its investment objective
Designed for short-term, tactical trading rather than long-term buy-and-hold
Expense ratio of 0.00%

⚠️ Primary Risks

Significant daily rebalancing risk due to the leveraged nature of the fund
Potential for large and rapid losses if the Russell 2000 Index rises
Tracking error and deviation from the -3x daily target return
Counterparty risk associated with the derivative instruments used

👤 Best For

SRTY is intended for experienced, risk-tolerant investors with a short-term trading horizon who seek to profit from or hedge against declines in small-cap U.S. equities. It is not suitable for long-term buy-and-hold investors due to the compounding effects of daily leveraged returns.