ProShares - Short S&P500

Frequently Asked Questions About SH

What does SH invest in?

The ProShares Short S&P500 aims to deliver daily returns that move in the exact opposite direction (-1x) of the S&P 500's daily performance, before any fees or expenses are factored in.

What is the expense ratio of SH?

ProShares - Short S&P500 (SH) charges an expense ratio of 0.89%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SH?

ProShares - Short S&P500 (SH) manages $863.1M 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 SH actively managed or an index fund?

SH 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 (SH's is 0.89%) because there's no security selection cost.

When was SH launched?

ProShares - Short S&P500 (SH) launched in June 2006 and is managed by ProShares.

How has SH performed?

SH'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.