Key stats
About ProShares UltraPro Short S&P500
Home page
Inception date
Jun 25, 2009
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.
SPXU delivers a very aggressive single-day bet against the S&P 500, ratcheting up the leverage to provide 3x inverse exposure to the widely followed index. The fund, like most geared inverse products, is designed to deliver its -3x exposure to the S&P 500a cap-weighted basket of 500 of the largest firms in the USfor just one trading day. Holding it for a period longer than that will introduce the effects of compounding, a dynamic that`s increasingly pronounced as you add more leverage to the strategy. The tool is designed to be held for no more than one day or your position will need to be adjusted daily.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government94.54%
Cash5.46%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPXU last dividends amounted to 0.26 USD. The quarter before, the issuer paid 0.48 USD in dividends, which shows a 85.20% decrease.
SPXU assets under management is 513.31 M USD. It's fallen 15.88% over the last month.
SPXU fund flows account for 209.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPXU pays dividends to its holders with the dividend yield of 9.68%. The last dividend (Apr 1, 2025) amounted to 0.26 USD. The dividends are paid quarterly.
SPXU shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jun 25, 2009, and its management style is Passive.
SPXU expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
SPXU follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPXU invests in bonds.
SPXU price has fallen by −16.68% over the last month, and its yearly performance shows a −41.39% decrease. See more dynamics on SPXU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −17.98% over the last month, showed a −29.07% decrease in three-month performance and has decreased by −36.73% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −17.98% over the last month, showed a −29.07% decrease in three-month performance and has decreased by −36.73% in a year.
SPXU trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.