Key stats
About ProShares UltraShort SmallCap600
Expense ratio
0.95%
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Inception date
Jan 23, 2007
SDD is an aggressive inverse play on the small-cap segment of the US equity market. With the use of swaps and derivatives, the fund aims to provide -2x levered exposure to the S&P SmallCap 600 Index, a market-cap-weighted index of small-cap firms selected by S&Ps index committee. As a levered product with daily resets, SBB is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.
Classification
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash51.96%
Government48.04%
Displays a symbol's price movements over previous years to identify recurring trends.