Key stats
About ProShares Ultra S&P 500
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
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.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Cash
Government
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
A0LCD6 assets under management is 6.18 B EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
A0LCD6 invests in stocks. See more details in our Analysis section.
A0LCD6 expense ratio is 0.87%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, A0LCD6 is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, A0LCD6 pays dividends to its holders with the dividend yield of 0.70%.
A0LCD6 shares are issued by ProShare Advisors LLC
A0LCD6 follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 19, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.