Key stats
About ProShares Ultra S&P500
Expense ratio
0.91%
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Inception date
Jun 19, 2006
ISIN
US74347R1077
As a levered product, SSO is not a buy-and-hold ETF, it's a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 2x target returns. The 500 underlying companies are some of the most well-known firms in the world and offer a broad exposure to the US large-cap market. But since the selection is committee based, some companies that we consider mid-cap may be included. The index is float-adjusted market cap weighted. Knowledge of the benefits, risks and pitfalls of levered products is paramount when investing in this fund.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Government
Cash
Stock breakdown by region