Key stats
About PROSHARES TRUST ULTRASHORT S&P 500 (POST REV SPLIT)
Expense ratio
0.90%
Home page
Inception date
Jul 11, 2006
ISIN
US74347G4165
SDS provides a 1-day leveraged bet against the S&P 500 in a very liquid vehicle that's well-aligned with the tactical nature of the product. The fund, like most leveraged and inverse products, is designed to deliver 2x inverse exposure to its indexthe S&P 500for 1 day and 1 day only. Holding it for longer periods will expose investors to the performance drift resulting from compounding. As such, the tool should either be held for no more than 1 day or rebalanced regularly (adding or subtracting to one`s position in the fund) to offset these dynamics. In all, SDS provides the strong liquidity that`s paramount for a geared fund.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government136.82%
Miscellaneous−11.39%
Cash−25.43%