ProShares UltraPro Short S&P 500 Fund (SPXU)
ARCA ARCA Primary 
XBER Summary
SPXU Chart
SPXU: Drifting In The Right Direction For Now
SPXU offers -3X daily leverage on the S&P 500 for trading or hedging. Leveraged ETF drift can erode returns—especially in volatile, non-trending markets and with high inverse leverage factors. SPXU's historical drift has fluctuated, with recent positive drift, but long-term data shows significant decay during market whipsaws.
SPXU Is For Trading The S&P 500, Not For Buying And Holding
SPXU is designed for -3x daily inverse S&P 500 exposure, making it suitable only for short-term speculation or hedging, not long-term investment. Holding SPXU over time leads to value erosion, due to daily derivative time decay and compounding losses, especially in volatile markets. The ETF is highly liquid with tight spreads and low costs, performing as intended for its specific purpose of daily leveraged trading.
SPXU Ultra-Short S&P 500: Why Being Bearish Is A Bad Idea
Without the help of a crystal ball, holding the ProShares UltraPro Short S&P500 ETF is probably a bad idea for nearly every investor. I believe in the sustained deterioration in market conditions caused by the uncertainty surrounding the current trade war, but this is not enough to justify owning SPXU. For those being careful or skeptical about the prospects of the S&P 500 ahead of a potential recession, I present a few alternatives to being bearish the US equities markets.
ProShares UltraPro Short S&P 500 Fund (SPXU) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has ProShares UltraPro Short S&P 500 Fund ever had a stock split?
ProShares UltraPro Short S&P 500 Fund Profile
| ARCA Exchange | US Country |
Overview
The company in question appears to be a financial entity specializing in investment services. It focuses on providing its investors with daily returns that align with its Daily Target, which is based on the performance of a large-cap U.S. stock market index. This aim suggests a proactive approach to investment, utilizing financial instruments selected by ProShare Advisors. Notably, the fund operates with a non-diversified strategy. This approach indicates a concentration on certain investments over a broader portfolio distribution, potentially aiming for higher returns but with a corresponding increase in risk.
Products and Services
The main offering of the company revolves around its investment fund designed to achieve specific daily returns. Below is a detailed list of this product:
- Daily Target Return Fund: This product aims to replicate daily returns consistent with its predefined Daily Target. The Target is closely associated with the performance of a large-cap U.S. stock market index, indicating the fund's focus on major corporate entities in the United States. Investors seeking daily investment outcomes might find this product appealing for its intended short-term results. The fund employs a range of financial instruments, as selected by ProShare Advisors, to achieve its objectives. Given its non-diversified nature, the fund may engage more significantly in specific stocks or sectors, which could entail higher volatility compared to more diversified investments.
Contact Information
