S&P Long 2x compareS&P Long 2x compare
S&P Long 2x compareS&P Long 2x compare
S&P Long 2x compare
S&P Long 2x compare
S&P Long 2x compare
S&P Long 2x compare
S&P Long 2x compare
Key stats
About ProShares Ultra SmallCap600
Home page
Inception date
Jan 23, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SAA, as a levered product, is not a buy-and-hold ETF, its a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only for 1 day. Rebalance your exposure if you want the multiple for longer periods. SAA offers 2x levered exposure to 600 companies that span mid-cap, small-cap and micro-cap territories, i.e., the S&P 600. Eligible securities are screened through a process that factors in liquidity, price, market capitalization, financial viability and public float. As a short-term instrument, total costs associated with using this ETF are heavily weighted toward trading costs.
Classification
What's in the fund
Exposure type
Finance
Cash
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.