ProShares Short Basic Materials (SBM)
ProShares Short Basic Materials operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $46.38, up 0.06% on the session, giving a market capitalisation of $1.9M. Its beta of -1.07 implies it has historically moved less than the broad market.
This fund allocates its capital to various financial instruments, chosen by ProShare Advisors, with the goal of achieving daily returns that align with its specific investment objectives. Its reference index monitors the stock performance of U.S.-based companies operating in the basic materials sector. It is important to note that this fund maintains a non-diversified status.
ProShares Short Basic Materials is most often compared with the following Financial Services names: