ProShares UltraPro Short S&P 500 logo

ProShares UltraPro Short S&P 500 (SPXU)

Market Open
23 Jun, 20:00
ARCA ARCA
$
18. 48
-0.58
-3.04%
$
583.63M Market Cap
2.32% Div Yield
25,171,871 Volume
$ 19.06
Previous Close
Day Range
18.45 19.28
Year Range
18.14 38.25
Want to track SPXU and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

Summary

SPXU trading today lower at $18.48, a decrease of 3.04% from yesterday's close, completing a monthly decrease of -18.8% or $4.28. Over the past 12 months, SPXU stock lost -16.64%.
SPXU pays dividends to its shareholders, with the most recent payment made on Oct 02, 2024. The next estimated payment will be in 5 months ago on Jan 02, 2025 for a total of $0.45.
ProShares UltraPro Short S&P 500 has completed 5 stock splits, with the recent split occurring on Apr 10, 2024.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on ARCA (USD).

SPXU Chart

Chart

Empty chart
The chart has 2 Y axes displaying values, and values.
Loading, please wait...
End of interactive chart.
SPXU Is For Trading The S&P 500, Not For Buying And Holding

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.

Seekingalpha | 2 weeks ago
SPXU Ultra-Short S&P 500: Why Being Bearish Is A Bad Idea

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.

Seekingalpha | 3 months ago
SPXU Is In A Positive Drift, But History Suggests Being Cautious

SPXU Is In A Positive Drift, But History Suggests Being Cautious

Leveraged ETFs like ProShares UltraPro Short S&P500 ETF have a non-linear behavior. A watchlist with 22 leveraged ETFs. The SPXU ETF is a cost-effective hedging tool in bull markets, but may suffer steep decay during volatile periods.

Seekingalpha | 5 months ago

ProShares UltraPro Short S&P 500 Dividends

ProShares UltraPro Short S&P 500 logo
SPXU 6 months ago
Other
$0.48 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 8 months ago
Paid
Quarterly
$0.45 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 11 months ago
Paid
Quarterly
$0.58 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 20 Mar 2024
Paid
Quarterly
$0.64 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 20 Dec 2023
Paid
Quarterly
$0.91 Per Share

ProShares UltraPro Short S&P 500 Earnings

SPXU have yet to publish their earning reports.
ProShares UltraPro Short S&P 500 logo
SPXU 6 months ago
Other
$0.48 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 8 months ago
Paid
Quarterly
$0.45 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 11 months ago
Paid
Quarterly
$0.58 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 20 Mar 2024
Paid
Quarterly
$0.64 Per Share
ProShares UltraPro Short S&P 500 logo
SPXU 20 Dec 2023
Paid
Quarterly
$0.91 Per Share
SPXU have yet to publish their earning reports.

ProShares UltraPro Short S&P 500 (SPXU) FAQ

What is the stock price today?

The current price is $18.48.

On which exchange is it traded?

ProShares UltraPro Short S&P 500 is listed on ARCA.

What is its stock symbol?

The ticker symbol is SPXU.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 583.63M.

Has ProShares UltraPro Short S&P 500 ever had a stock split?

ProShares UltraPro Short S&P 500 had 5 splits and the recent split was on Apr 10, 2024.

ProShares UltraPro Short S&P 500 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

Address: -
Phone: NA