Key stats
About ProShares UltraPro Short Russell2000
Expense ratio
0.95%
Home page
Inception date
Feb 11, 2010
SRTY provides an aggressive, one-day bet against the Russell 2000's index of 2,000 small-cap US firms. The fund will track -3x the returns of the underlying index and it may use both ETF and index swaps to achieve its inverse exposure. As with most leveraged and inverse products, SRTY is designed to provide its -3x exposure for one trading day, and anyone holding it for longer than a day will be exposed to the effects of compounding, which cause returns to drift away from the expected inverse exposure to the index. Investors should therefore plan to hold SRTY for no longer than one day, and if they do hold it for longer, they will need to adjust their investment on a daily basis.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government126.62%
Cash−26.62%
Displays a symbol's price movements over previous years to identify recurring trends.