ProShares UltraShort S&P500

$SDS · ProShares · tracks S&P 500 (−2× daily) · since 2006

Dividend yield

2.80%

Expense ratio

0.89%

Assets

$1.4B

About SDS

SDS targets −2× the daily return of the S&P 500 using swap agreements. It is ProShares' 2× inverse S&P 500 product and is popular for portfolio hedging during market downturns. Less aggressive than SPXU, it provides a moderate bearish tactical tool.

How StockWorthy analyses SDS

ETFs hold companies rather than generating cash flow themselves, so SDS is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 2.40% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.