ProShares UltraShort S&P500 (SDS)
| Assets | $421.59M |
| Expense Ratio | 0.89% |
| PE Ratio | n/a |
| Shares Out | 24.91M |
| Dividend (ttm) | $1.17 |
| Dividend Yield | 7.18% |
| Ex-Dividend Date | Jun 25, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 5,005,189 |
| Open | 16.44 |
| Previous Close | 16.54 |
| Day's Range | 16.24 - 16.44 |
| 52-Week Low | 16.25 |
| 52-Week High | 28.31 |
| Beta | -1.93 |
| Holdings | 15 |
| Inception Date | Jul 11, 2006 |
About SDS
Fund Home PageThe ProShares UltraShort S&P500 (SDS) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x inverse exposure to a market cap-weighted index of 500 large- and mid-cap US firms selected by the S&P Committee. SDS was launched on Jul 11, 2006 and is issued by ProShares.
Top 10 Holdings
-86.09% of assets| Name | Symbol | Weight |
|---|---|---|
| TREASURY BILL | B.0 07.08.25 | undefined |
| UNITED STATES OF AMERICA BILL ZERO CPN 17/JUL/2025 USD 100 | n/a | undefined |
| TREASURY BILL | B.0 07.10.25 | undefined |
| TREASURY BILL | B.0 07.15.25 | undefined |
| NET OTHER ASSETS (LIABILITIES) | n/a | undefined |
| S&P500 EMINI FUT EQUITY INDEX 19/SEP/2025 ESU5 INDEX | n/a | -14.93% |
| S&P 500 INDEX SWAP JPMORGAN CHASE BANK NA | n/a | -15.24% |
| S&P 500 INDEX SWAP GOLDMAN SACHS INTERNATIONAL | n/a | -16.45% |
| S&P 500 INDEX SWAP BARCLAYS CAPITAL | n/a | -19.70% |
| S&P 500 INDEX SWAP CITIBANK NA | n/a | -19.77% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $0.17217 | Jul 1, 2025 |
| Mar 26, 2025 | $0.23346 | Apr 1, 2025 |
| Dec 23, 2024 | $0.42323 | Dec 31, 2024 |
| Sep 25, 2024 | $0.3407 | Oct 2, 2024 |
| Jun 26, 2024 | $0.44438 | Jul 3, 2024 |
| Mar 20, 2024 | $0.3439 | Mar 27, 2024 |
Performance
SDS had a total return of -23.72% in the past year, including dividends. Since the fund's inception, the average annual return has been -24.94%.
News
SDS: A Good Hedging Tool With A Caveat
The ProShares UltraShort S&P500 ETF offers -2x daily S&P 500 exposure, making it popular for short-term trading. Leveraged ETFs like SDS experience decay due to beta-slippage, especially in volatile m...
Buy SDS To Hedge A Recession And Bear Market
Consider raising cash, using defensive strategies like writing covered calls, and investing in value plays to hedge against a potential stock market meltdown in 2025. Utilizing inverse index ETFs, suc...
MoneyShow's Best Investment Ideas For 2025: Part 3
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with tur...
Leveraged ETF Dashboard: SDS In Positive Drift For Months
A drift dashboard with 22 leveraged ETFs. Leveraged silver ETFs had the worst decay in October. SDS drift has been positive for months and long-term average is close to zero, making it a good hedging ...
SDS: Playing With Fire
Shorting the S&P 500 is risky and often unsuccessful over time, but some use leveraged inverse ETFs like SDS for bearish bets. ProShares UltraShort S&P500 ETF tracks -2x daily performance of the S&P 5...
SDS: Geopolitical Uncertainity Driving This Higher (Technical Analysis)
Our Model Portfolio went to cash due to market sell signals, now allocating $50,000 to the inverse ProShares UltraShort S&P500 ETF. Our short-term thesis is that SPDR® S&P 500 ETF Trust will continue ...
Adding SDS To Our 2024MP Model Portfolio (Technical Analysis)
ProShares UltraShort S&P500 was added to our 2024MP Model Portfolio as the market is turning down. Communications Sector SPDR (XLC) and Technology Sector (XLK) were deleted from our Model Portfolio. M...
SDS: Don't Be Tempted To Bet Against Stocks For The Long Term
S&P 500 Index on track to deliver 25% returns in 2023, one of the best years following last year's poor returns. In the short-term, markets are extremely overbought and nimble traders may be able to b...
SDS Is A Good Hedging Tool, But Beware Of Whipsaw
A drift watchlist with SDS and 21 other leveraged ETFs. A semiconductors leveraged ETF shows the worst decay. The average decay of SDS is close to zero, but it may be negative during long periods.
SDS: Added To Our Model Portfolio (Technical Analysis)
This is a technical analysis article. As the debt ceiling game plays out, we think the market goes down, so we have used excess cash in our Model Portfolio to swing trade using the SDS. As you know, t...
Equity ETFs: For Portfolio Protection, SPXU Is A Better Alternative Than Put Options
When investors think of portfolio protection, they generally think of buying Put options which will go up in value as the security they bought the Put against, goes down. But if you get your timing wr...
SDS Is Not The Play
The inflation figures are coming out on January 12, and while they may still be higher, those in February and March are going to start lapping 2022 figures. On top of that, the US economy has already ...
SDS: Leveraged ETF Drift Dashboard For January
A table with the drifts of SDS and 21 other leveraged ETFs. Biotechnology leveraged ETFs have the worst monthly decay.
SDS: Investor Metrics In ProShares UltraShort S&P 500 Indicate Caution
The purchasing ratio in SDS is less than all intermediate term and bear market lows since 2015, including the two buying surges this spring, when the ratio went over 100%. The lack of a significant dr...
Purchase Levels Of 31 Short ETFs Signal Bear Market Bottom (Technical Analysis)
We are bearish on all American bear market ETFs. Measuring the purchase levels of short ETFs replaces the old, odd lot and total short selling indicators so popular in the 1960s, 70s and 80s.
SDS: Leveraged Dashboard For August
Drift review of 22 leveraged ETFs. ZSL and LABU show significant monthly decay.
SDS And Leveraged ETFs: March Drift Dashboard
Leveraged ETFs behavior is neither intuitive nor predictable. A dashboard with 20+ of them.
Beware Of SDS: The Drift Dashboard
Leveraged ETFs behavior is not intuitive. A dashboard with 20+ of them
3 ETFs That Will Go Up If The Market Goes Down
If the market goes down, there's an easy way to profit. Many investors think the market is overvalued and they may be correct.
SDS: More Downside For The Market Bears
SDS is a well-known inverse leveraged S&P 500 ETF which is subject to leverage decay - returns through time will not track its daily target. The VIX has recently popped which is historically associate...
Save Your Capital: Avoid Touching Leveraged ETFs
The desire to short equities is high in today's market.
