ProShares UltraPro Short S&P500
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-14.6%
1 yr return
-44.7%
3 Yr Avg Return
-27.2%
5 Yr Avg Return
-44.0%
Net Assets
$594 M
Holdings in Top 10
70.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SPXU - Profile
Distributions
- YTD Total Return -14.6%
- 3 Yr Annualized Total Return -27.2%
- 5 Yr Annualized Total Return -44.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.73%
- Dividend Yield 7.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares UltraPro Short S&P500
-
Fund Family NameProShares Trust
-
Inception DateJun 25, 2009
-
Shares Outstanding41747347
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Neches
Fund Description
SPXU - Performance
Return Ranking - Trailing
Period | SPXU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.6% | -43.2% | 28.6% | 90.48% |
1 Yr | -44.7% | -81.2% | 9.3% | 87.30% |
3 Yr | -27.2%* | -63.8% | 12.1% | 91.27% |
5 Yr | -44.0%* | -76.2% | 7.2% | 90.40% |
10 Yr | -39.0%* | -69.8% | 13.1% | 92.04% |
* Annualized
Return Ranking - Calendar
Period | SPXU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -49.0% | -85.3% | 15.3% | 90.48% |
2022 | 35.5% | -73.7% | 116.7% | 18.25% |
2021 | -57.9% | -80.9% | 94.9% | 91.27% |
2020 | -70.4% | -96.0% | 153.8% | 88.89% |
2019 | -57.0% | -84.0% | -9.3% | 92.80% |
Total Return Ranking - Trailing
Period | SPXU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.6% | -43.2% | 28.6% | 90.48% |
1 Yr | -44.7% | -81.2% | 9.3% | 87.30% |
3 Yr | -27.2%* | -63.8% | 12.1% | 91.27% |
5 Yr | -44.0%* | -76.2% | 7.2% | 90.40% |
10 Yr | -39.0%* | -69.8% | 13.1% | 92.04% |
* Annualized
Total Return Ranking - Calendar
Period | SPXU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -46.1% | -84.6% | 18.9% | 90.48% |
2022 | 36.0% | -73.6% | 117.2% | 15.87% |
2021 | -57.9% | -80.9% | 94.9% | 91.27% |
2020 | -70.4% | -95.9% | 153.8% | 88.89% |
2019 | -56.3% | -83.8% | -8.6% | 92.00% |
SPXU - Holdings
Concentration Analysis
SPXU | Category Low | Category High | SPXU % Rank | |
---|---|---|---|---|
Net Assets | 594 M | 343 K | 3.34 B | 3.10% |
Number of Holdings | 38 | 4 | 746 | 13.95% |
Net Assets in Top 10 | 570 M | 315 K | 2.12 B | 3.88% |
Weighting of Top 10 | 70.52% | 43.2% | 189.3% | 90.70% |
Top 10 Holdings
- U.S. Treasury Bills 12.20%
- U.S. Treasury Bills 9.14%
- U.S. Treasury Bills 6.19%
- U.S. Treasury Bills 6.16%
- U.S. Treasury Bills 6.15%
- U.S. Treasury Bills 6.15%
- U.S. Treasury Bills 6.15%
- U.S. Treasury Bills 6.14%
- U.S. Treasury Bills 6.13%
- U.S. Treasury Bills 6.13%
Asset Allocation
Weighting | Return Low | Return High | SPXU % Rank | |
---|---|---|---|---|
Cash | 145.82% | 0.00% | 197.43% | 3.10% |
Stocks | 0.00% | -97.43% | 100.00% | 47.29% |
Preferred Stocks | 0.00% | 0.00% | 0.74% | 43.41% |
Convertible Bonds | 0.00% | 0.00% | 2.47% | 48.06% |
Bonds | 0.00% | 0.00% | 92.84% | 54.26% |
Other | -45.82% | -45.82% | 103.28% | 100.00% |
SPXU - Expenses
Operational Fees
SPXU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.59% | 8.36% | 94.44% |
Management Fee | 0.75% | 0.35% | 1.50% | 23.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.45% | N/A |
Sales Fees
SPXU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
SPXU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SPXU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 181.00% | 24.19% |
SPXU - Distributions
Dividend Yield Analysis
SPXU | Category Low | Category High | SPXU % Rank | |
---|---|---|---|---|
Dividend Yield | 7.06% | 0.00% | 16.92% | 72.09% |
Dividend Distribution Analysis
SPXU | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
SPXU | Category Low | Category High | SPXU % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.73% | -7.24% | 3.75% | 8.70% |
Capital Gain Distribution Analysis
SPXU | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.635 | OrdinaryDividend |
Dec 28, 2023 | $0.182 | OrdinaryDividend |
Sep 27, 2023 | $0.174 | OrdinaryDividend |
Jun 28, 2023 | $0.137 | OrdinaryDividend |
Mar 29, 2023 | $0.115 | OrdinaryDividend |
Dec 30, 2022 | $0.066 | OrdinaryDividend |
Jan 02, 2020 | $0.086 | OrdinaryDividend |
Oct 02, 2019 | $0.112 | OrdinaryDividend |
Jul 02, 2019 | $0.148 | OrdinaryDividend |
Mar 27, 2019 | $0.083 | OrdinaryDividend |
Jan 03, 2019 | $0.226 | OrdinaryDividend |
Oct 03, 2018 | $0.185 | OrdinaryDividend |
Jun 27, 2018 | $0.141 | OrdinaryDividend |
Mar 28, 2018 | $0.106 | OrdinaryDividend |
Jan 04, 2018 | $0.048 | OrdinaryDividend |
SPXU - Fund Manager Analysis
Managers
Michael Neches
Start Date
Tenure
Tenure Rank
Oct 01, 2013
8.67
8.7%
Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.
Devin Sullivan
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 23.76 | 9.04 | 14.22 |