ProShares Ultra S&P 500 (SSO)
| Assets | $4.96B |
| Expense Ratio | 0.91% |
| PE Ratio | n/a |
| Shares Out | 57.25M |
| Dividend (ttm) | $0.49 |
| Dividend Yield | 0.55% |
| Ex-Dividend Date | Jun 26, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +54.94% |
| Volume | 2,682,727 |
| Open | 89.06 |
| Previous Close | 86.09 |
| Day's Range | 88.18 - 89.62 |
| 52-Week Low | 48.59 |
| 52-Week High | 89.62 |
| Beta | 2.04 |
| Holdings | 520 |
| Inception Date | Jun 19, 2006 |
About SSO
Fund Home PageThe ProShares Ultra S&P 500 (SSO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to a market cap-weighted index of 500 large- and mid-cap US companies selected by S&P. SSO was launched on Jun 19, 2006 and is issued by ProShares.
Top 10 Holdings
127.33% of assets| Name | Symbol | Weight |
|---|---|---|
| SPDR S&P 500 (SPY) SWAP GOLDMAN SACHS INTERNATIONAL | n/a | 35.56% |
| S&P 500 INDEX SWAP CITIBANK NA | n/a | 13.35% |
| S&P500 EMINI FUT EQUITY INDEX 20/DEC/2024 ESZ4 INDEX | n/a | 12.28% |
| S&P 500 INDEX SWAP BNP PARIBAS | n/a | 11.14% |
| S&P 500 INDEX SWAP BARCLAYS CAPITAL UBS AG | n/a | 10.77% |
| S&P 500 INDEX SWAP BANK OF AMERICA NA | n/a | 10.58% |
| S&P 500 INDEX SWAP GOLDMAN SACHS INTERNATIONAL | n/a | 9.70% |
| S&P 500 INDEX SWAP UBS AG | n/a | 9.23% |
| S&P 500 INDEX SWAP JPMORGAN CHASE BANK NA | n/a | 7.84% |
| S&P 500 INDEX SWAP SOCIETE GENERALE | n/a | 6.88% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2024 | $0.19117 | Jul 3, 2024 |
| Mar 20, 2024 | $0.17773 | Mar 27, 2024 |
| Dec 20, 2023 | $0.11814 | Dec 28, 2023 |
| Dec 22, 2022 | $0.18146 | Dec 30, 2022 |
| Mar 23, 2022 | $0.04024 | Mar 30, 2022 |
| Dec 23, 2021 | $0.0522 | Dec 31, 2021 |
News
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How To Simply Beat The S&P 500 Over The Long Run (But Why We Don't Do It)
Investing in leveraged versions of the S&P 500 is nearly guaranteed to beat the market given a sufficiently long time span. However, real-life investors are risk-averse and do not have infinite time h...
SSO: Only If The Future Looks Like The Past
The S&P 500 had a stunning year, passive market-cap weighted indexing worked historically well. ProShares Ultra S&P500 ETF is a 200% leveraged ETF, and the compounding effects can be significant. The ...
S&P 500 And VOO: Here's The Bullish Case
Investors need to spend more time studying market behavior and less on superficial versions of past performance analysis. Here, I provide a breakdown of the S&P 500, featuring portions of my process, ...
S&P 500 Index Hits Record High Amidst Lower Inflation
The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching 40,000 points. Investors are experiencing euphoria, spurred by ...
Troubling S&P 500 chart suggests that stock investors have a rough road ahead
The stock market, as measured by the S&P 500 Index SPX, continued to sell off through the end of last week. By that point, some relatively deep oversold conditions were in place, and the market rallie...
Blumira to Demo SIEM + XDR Platform Built for IT Admins, Showcase Customer Support and Company Growth at RSA Conference 2024
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A Stronger Dollar May Drive The S&P 500 Much Lower
The US CPI report and ECB policy meeting highlight divergent paths for the Fed and ECB, driving further dollar strength. Widening spreads between central banks and interest rates could send the euro l...
ProShares Ultra S&P500 ETF: Fear Not The All-Time High
Analysts are less certain about an imminent recession in the US, and the S&P 500 has rallied by 8% in 2024. ProShares Ultra S&P500 is a 2x leveraged bet on the US stock market index. Despite concerns ...
Equity CEFs/ETFs: Top Picks For 2024 - Part II
In Part I of my Top Picks For 2024, I explained why we saw such extreme valuation losses in most equity CEFs in 2023 and what that could-mean for 2024. In my opinion, liquidity was the over-riding fac...
SSO: Time To Reduce Leverage As Market Risk Grows
Since the original recommendation of SSO at bear market lows last year, this leverage fund has gained 33% compared to 19% for the S&P 500. However, recent record high cash flows into SSO raise concern...
SSO: Sense Of Bullishness Makes This 2X Leveraged Large-Cap ETF Interesting
ProShares Ultra S&P500 ETF is a leveraged exchange-traded fund designed to offer a 2x return on a daily basis as compared to the S&P 500. It mimics the index and has had a negligible drift. The S&P 50...
The S&P 500 will not break above its range soon, says Goldman Sachs. Here are 6 reasons why.
Stock futures on Friday point to Wall Street snapping a four-day losing streak, helped by strength in Apple shares after the tech giant's results — though doubtless the nonfarm payrolls report will ha...
SSO: The Uptrend Since The October Bottom Continues (Technical And Intermarket Analysis)
The AMI market risk indicator is risk-on since December 2. The S&P 500 is in uptrend since the October bottom. Simulations of the AMI strategy for two S&P 500 ETFs, non-leveraged SPY, and 2X leveraged...
SSO: We Continue To Think This Leveraged Fund Makes Sense
Bearish investor sentiment is rapidly increasing again. Contrarily, this is positive for stock prices. At major buying points in the market, it is appropriate for investors to use leverage, at least f...
The ProShares Ultra S&P500 Holds Up Well Long Term
Over short time periods, the performance of SSO has averaged close to 2x the S&P 500 during normal markets. Since January 1st, 2020, a period that includes both the COVID-induced and current bear mark...
SSO: Despite Recent Rally, I'd Still Urge Caution
The broader market, including the S&P 500 which SSO tracks, has seen a nice relief rally over the past few weeks. This had led to quick gains for SSO, as a double-bullish play on the index.
Low Buying Levels In SSO Suggest Bear Market May Not Be Over
High buying levels in SSO historically occur at major market lows. The current low level in SSO, and another ProShares ETF (QLD), may mean the bear market is not over. While many sentiment indicators ...