ProShares - UltraShort S&P500

Frequently Asked Questions About SDS

What does SDS invest in?

The ProShares UltraShort S&P500 fund is engineered to provide daily investment outcomes that mirror negative two times (-2x) the daily fluctuations of the S&P 500 index. This objective is pursued prior to the deduction of any associated fees or expenses.

What is the expense ratio of SDS?

ProShares - UltraShort S&P500 (SDS) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SDS?

ProShares - UltraShort S&P500 (SDS) manages $355.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SDS actively managed or an index fund?

SDS is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SDS's is 0.91%) because there's no security selection cost.

When was SDS launched?

ProShares - UltraShort S&P500 (SDS) launched in July 2006 and is managed by ProShares.

How has SDS performed?

SDS's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.