SDPProShares UltraShort Utilities
Seeks daily investment results that correspond to -2x the daily performance of the S&P Utilities Select Sector Index.
By ProShares · Launched 2007
Annual Cost
0.95%
#5,033 of 6,040 · expensive
Fund Size
$5M
#5,347 of 6,040 · small
Return (1Y)
-0.1%
Track Record
19 years
#425 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$9,735-2.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaStrategy
Inverse
Sector
UtilitiesIndex tracked
S&P Utilities Select Sector Index
Holdings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Repurchase Agreement
26.4%
Repurchase Agreement
13.1%
Repurchase Agreement
13.1%
Repurchase Agreement
7.8%
Repurchase Agreement
7.8%
Repurchase Agreement
6.5%
Repurchase Agreement
5.2%
Repurchase Agreement
5.2%
Repurchase Agreement
2.6%
N/A
-5.3%
Asset allocation
Cash
199.9%
Other
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
30.5%High
Year-on-year price swings
Max drawdown
-92.4%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.57Below average
Sortino (3Y)
-0.82Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results that correspond to -2x the daily performance of the S&P Utilities Select Sector Index.
- Strategy
- Invests in derivatives to gain inverse leveraged exposure to utilities companies in the S&P 500 Index, targeting two times the inverse of the Index's daily performance. The Fund rebalances daily to maintain this exposure, focusing on electric, gas, and water utilities, as well as independent power producers.
- Inception date
- January 30, 2007
- Fund family
- ProShares
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18