ProShares UltraPro Short S&P500 (SPXU)
| Assets | $625.19M |
| Expense Ratio | 0.90% |
| PE Ratio | n/a |
| Shares Out | 21.49M |
| Dividend (ttm) | $2.58 |
| Dividend Yield | 11.44% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -56.10% |
| Volume | 9,559,867 |
| Open | 22.52 |
| Previous Close | 22.52 |
| Day's Range | 22.49 - 23.19 |
| 52-Week Low | 21.38 |
| 52-Week High | 50.75 |
| Beta | -2.56 |
| Holdings | 22 |
| Inception Date | Jun 25, 2009 |
About SPXU
Fund Home PageThe ProShares UltraPro Short S&P500 (SPXU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides (-3x) exposure to a market-cap weighted index of 500 large- and mid-cap US companies selected by the S&P Committee. SPXU was launched on Jun 25, 2009 and is issued by ProShares.
Top 10 Holdings
45.48% of assets| Name | Symbol | Weight |
|---|---|---|
| UNITED STATES OF AMERICA BILL ZERO CPN 07/JAN/2025 USD 100 | n/a | 20.26% |
| UNITED STATES OF AMERICA BILL ZERO CPN 11/FEB/2025 USD 100 | n/a | 20.17% |
| UNITED STATES OF AMERICA BILL ZERO CPN 28/JAN/2025 USD 100 | n/a | 5.05% |
| 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 02.18.25 | undefined |
| TREASURY BILL | B 0 12.19.24 | undefined |
| TREASURY BILL | B 0 11.21.24 | undefined |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.450 | Oct 2, 2024 |
| Jun 26, 2024 | $0.580 | Jul 3, 2024 |
| Mar 20, 2024 | $0.635 | Mar 27, 2024 |
| Dec 20, 2023 | $0.910 | Dec 28, 2023 |
| Sep 20, 2023 | $0.870 | Sep 27, 2023 |
| Jun 21, 2023 | $0.685 | Jun 28, 2023 |
News
SPXU: A Bet On Election Uncertainty And Expensive Valuations
The ProShares UltraPro Short S&P500 ETF aims to provide triple the inverse daily performance of the S&P 500, ideal for bearish market outlooks. The ETF is highly leveraged and suitable for short-term ...
SPXU: A Juicy 10.74% Dividend Out Of Reach
SPXU is a 3x leveraged inverse bet on the S&P 500 with a 10.74% TTM dividend yield from US Treasuries. While the dividend is attractive, it is more of a quirk than something we can effectively capture...
SPXU: A Risky Bet On Perfect Timing And Rare Luck
ProShares UltraPro Short S&P500 is a triple-leveraged, inverse ETF that aims to produce three times the negative daily return of the S&P 500. SPXU tends to lose value over time due to betting against ...
SPXU Is In Positive Drift Regime, But Beware Of Volatility
Leveraged ETF prices drift due to beta-slippage. ProShares UltraPro Short S&P500 ETF has experienced both positive and negative drift in its history. In volatile times, it is recommended to use ETFs w...
SPXU: Careful Using Inverse ETFs Even In A Credit Event
The ProShares UltraPro Short S&P500 ETF is an exchange-traded fund designed for traders who anticipate a bearish market and want to profit from it. The SPXU ETF uses financial instruments like futures...
SPXU: Speculators Only
ProShares UltraPro Short S&P500 is a leveraged inverse ETF that aims to deliver triple the inverse return of the S&P 500 on a daily basis, making it suitable only for short-term speculators. Since its...
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...
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...
SPXU: An Option For Hedging Or Short Term Trading
SPXU is one of the choices to hedge an equity portfolio. It should be used by an experienced trader, day trader, or swing trader.
SPXU: Good Tool For Portfolio Hedging
Pro Shares exotic inverse leveraged ETF provides a useful tool for portfolio management. This is a synthetic tool used by traders to hedge our risk or take speculative directional bets.
Risky ETFs Drawing Investors Amid Elusive Profits
‘Investors should never really touch' these funds, analyst says.
SPXU: When Inverse ETFs Are Useful
ProShares UltraPro Short S&P 500 'SPXU' is a leveraged inverse ETF. The ETF seeks daily investment results that correspond to three times the inverse (-3x) of the daily performance of the S&P 500.
Fund And ETF Investors Give World Equity Funds The Cold Shoulder In August
For the eighth straight month, mutual fund investors were net redeemers of fund assets, withdrawing $55.3 billion from conventional funds for August. Fixed income funds (+$1.9 billion) witnessed net i...
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.
SPXU Is Back In Negative Drift And Inflation Is An Additional Drag
Leveraged ETFs behavior may not be what you expect. A drift dashboard with 22 leveraged ETFs.
SPXU And Leveraged ETFs Drift In February
SPXU And Leveraged ETFs Drift In February
Investors Prefer Equity ETFs Over Equity Funds In September
For the second consecutive month, mutual fund investors injected $6.9 billion into conventional funds for September. Fixed income funds (+$35.5 billion) witnessed net inflows for the seventeenth month...
SPXU: It Would Be Foolish To Ignore The Signals
The SPXU provides an opportunity by making money through shorting of the market. Hence, it is primarily appealing to traders, but the bets should be well-timed and for this purpose, an understanding o...
SPXU Is In Positive Drift, But Stay Cautious
Leveraged ETFs may be unpredictable. A drift dashboard with 22 of them.
3 ETFs For Aggressive Risk Takers
In the old days, investors who wanted to use leverage needed to take positions in the futures markets. Then leveraged ETFs came along.
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.
