ProShares - UltraShort S&P500 (SDS)
ProShares - UltraShort S&P500 operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $53.48, down 0.48% on the session, giving a market capitalisation of $276.7M. On trailing twelve-month figures it carries a trailing P/E of -54.57, a net margin of -1129.7%. Its beta of -1.93 implies it has historically moved less than the broad market.
The ProShares UltraShort S&P500 fund is engineered to provide daily investment outcomes that mirror negative two times (-2x) the daily fluctuations of the S&P 500 index. This objective is pursued prior to the deduction of any associated fees or expenses.
ProShares - UltraShort S&P500 is most often compared with the following Financial Services names: