ProShares Short S&P500 (SH)
Assets | $1.02B |
Expense Ratio | 0.89% |
PE Ratio | n/a |
Shares Out | 20.66M |
Dividend (ttm) | $2.86 |
Dividend Yield | 6.73% |
Ex-Dividend Date | Sep 25, 2024 |
Payout Ratio | n/a |
1-Year Return | -23.16% |
Volume | 3,824,874 |
Open | 42.57 |
Previous Close | 42.57 |
Day's Range | 42.55 - 42.98 |
52-Week Low | 11.24 |
52-Week High | 55.28 |
Beta | -0.94 |
Holdings | 20 |
Inception Date | Jun 19, 2006 |
About SH
Fund Home PageThe ProShares Short S&P500 (SH) is an exchange-traded fund that is based on the S&P 500 index. The fund provides inverse exposure to a market cap-weighted index of 500 large- and mid-cap US firms selected by the S&P Index Committee. SH was launched on Jun 19, 2006 and is issued by ProShares.
Top 10 Holdings
8.49% of assetsName | Symbol | Weight |
---|---|---|
UNITED STATES OF AMERICA BILL ZERO CPN 28/JAN/2025 USD 100 | n/a | 8.49% |
TREASURY BILL | B 0 12.03.24 | undefined |
TREASURY BILL | B 0 12.05.24 | undefined |
TREASURY BILL | B 0 12.10.24 | undefined |
TREASURY BILL | B 0 01.14.25 | undefined |
TREASURY BILL | B 0 12.17.24 | undefined |
TREASURY BILL | B 0 12.19.24 | undefined |
TREASURY BILL | B 0 11.21.24 | undefined |
TREASURY BILL | B 0 01.30.25 | undefined |
NET OTHER ASSETS (LIABILITIES) | n/a | undefined |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Sep 25, 2024 | $0.56263 | Oct 2, 2024 |
Jun 26, 2024 | $0.79204 | Jul 3, 2024 |
Mar 20, 2024 | $0.56709 | Mar 27, 2024 |
Dec 20, 2023 | $0.94213 | Dec 28, 2023 |
Sep 20, 2023 | $0.66096 | Sep 27, 2023 |
Jun 21, 2023 | $0.70064 | Jun 28, 2023 |
News
SH: An Effective Market Hedge With Hidden Income
The ProShares Short S&P500 ETF offers a relatively high income hedge against a decline in the S&P500. The SH ETF has historically tracked the inverse of the S&P500 effectively, minus the 0.88% expense...
SH: Arguably The Best Way To Short The S&P 500
SH is a simple way to short the S&P 500, consistently outperforming its intended -1x target and offering an impressive 6.11% TTM dividend. It outperforms when the VIX is low and the S&P 500 makes larg...
SH: A Simple, Effective Bet Against The S&P 500
ProShares Short S&P500 ETF is an unleveraged and easy way to short the S&P 500. SH does not always achieve its intended -1x daily performance of the S&P 500, but this tends to work in its favor while ...
SH: Don't Short The S&P 500, At Least Not Yet
The S&P 500 is expected to consolidate at 4,800 before breaking out and making new highs. Buying activity in SH is still too high and suggests caution on shorting the S&P 500 at current levels. Assets...
SH: There Are Better Ways To Bet Against Stocks
Shorting and inverse trading does not work well in the long run, despite disagreement among investors. ProShares Short S&P500 ETF offers inverse exposure to the daily performance of the S&P 500. SH ac...
SH: Mr. Market Is Paying More To Be Short S&P 500, Than Long
ProShares Short S&P500 is currently paying a higher cash yield than owning stocks long through a regular index fund. The trust is yielding around 3.5% annualized on a forward basis, with excess cash i...
SH: It's Too Soon To Sell This Market
Interest in SH has been declining, with the number of shares outstanding dropping from 250,000,000 last October to 117,256,000. This is a positive signal for a higher stock market. There has never bee...
Chart Watching + Does Stock Market History Rhyme, Repeat Or Not Matter That Much?
Matthew Tuttle is currently not holding any positions overnight due to the uncertain market environment. Rob Isbitts highlights the importance of paying attention to market history and the potential f...
SH: Time To Start Hedging
In 2023, despite expectations of a market collapse, equities rallied as short positions were covered and long put positions closed. Hedging strategies, such as selling equities or using inverse ETFs l...
SH: I'd Avoid Shorting The S&P 500 For Now
The ProShares Short S&P500 ETF is an inverse fund that allows investors to short the market without using a margin; however, the current bull market may not be the best time to invest in it. Despite n...
Debt-Limit Standoff: 3 Favorite Hedges For Bond Investors Seeking Shelter From Crisis - iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)
The latest FX & Rates Survey from Bank of America reveals that bond investors are hunting for long-dated Treasuries, put options on the stock market, and long positions in the Japanese Yen (JPY) versu...
ProShares Short S&P 500 ETF: Investor Sentiment Still Negative
We recommend investors stay out of SH because of the high levels of bearish sentiment shown by our Master Sentiment Indicator, as well as bearish activity in SH itself. Buying levels in SH are still h...
Vanguard ETFs: Recommendations For 2023
Expert recommendations for choosing among the myriad of Vanguard ETFs may prove to be a valuable resource to investors, even if not all of them will prove right. I present such recommendations made by...
Buying Levels In SH Are Positive For The Market But Not The ETF
Buying levels in SH (the inverse S&P500 ETF) have remained high since this bear market began. This is not usually a good sign for the market. But the market has been grinding lower and this fund is up...
HDGE Vs. SH: 2 Approaches To Profit When Stock Prices Decline
The AdvisorShares Ranger Equity Bear ETF shorts stocks and can use ETNs. While beating the inverse S&P 500 Index isn't listed as an objective, their benchmark is that Index. The ProShares Short S&P 50...
SH: An ETF Offering A Straightforward Way To Attack Bear Markets
Many ETFs exist to play defense against a stock market decline, or to try and make money when the bear is in charge. This one has an extensive history and is battle-tested in bear markets.
4 ETFs To Bet On Falling Equities
Shorting equity markets generally has historically been a high-risk proposition, but the risk of significant and protracted downturns is currently very high. Four ETFs, SH, TAIL, DWSH, and BTAL are ex...
Investor Activity In SH Says 'Stay Out'
High purchase levels in SH, plus massive growth in the number of shares outstanding, both point to lower prices for SH - the ProShares ETF short the S&P 500. This conclusion is supported by other inve...
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.
DOG, PSQ, And SH: 3 New Contrary Opinion Indicators Pointing To A Major Market Bottom
Three, new, indicators based on the amount of buying in bearish ETFs are signaling a strong, “risk on” moment. They are based on the “theory of contrary opinion,” the theory that says stock prices rea...
Beat This Crashing Market By Shorting It Via SH
Since practically all equity classes drop during a steep market correction, shorting a major index is an investor's best chance at making a profit. A perfect storm of inflation, quantitative tightenin...