Trade ProShares Trust - ProShares UltraShort S&P500 - SDS CFD

Trading Conditions

• Type: CFD
• Spread: 0.13
• Long position overnight funding adjustment: -0.02154%
• Short position overnight funding adjustment: -0.00068%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 73.9
• Open: 75.06
• 1-Year Change: 267.04%
• Day's Range: 74.43 - 76.54

ProShares Trust - ProShares UltraShort S&P500

ProShares UltraShort S&P 500 (SDS) is an exchange traded fund (ETF) issued and managed by ProShares Advisors. The fund invests in the US public equity markets.

ProShares itself is a division of ProFund Group, a provider of a diverse mutual funds offering. Launched in 2006, ProShares manages a range of investment funds, specialising in exchange traded funds (ETFs) with more than $60bn in assets. It is known for its leveraged ETFs and inverse funds.

Issued on 11 July 2006, ProShares UltraShort S&P 500 invests in stocks of firms in a variety of industries using derivatives. The fund employs a short strategy and builds its portfolio using derivatives such as futures and swaps. Based in the US, it targets large-cap companies with stocks that guarantee growth and value.

Like most leveraged and inverse products, the fund seeks daily investment returns that are two times the inverse (-2x) of the S&P 500's daily performance, before fees and expenses.

Investors will be exposed to the performance drift caused by compounding if they hold it for a longer period of time. To counteract these dynamics, the instrument should either be kept for no more than one day or rebalanced on a regular basis by adding or subtracting to one's position in the fund.