SDSProShares UltraShort S&P500
Seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P 500 Index.
By ProShares · Launched 2006
Annual Cost
0.91%
#4,904 of 6,040 · expensive
Fund Size
$366M
#1,900 of 6,040 · large
Return (1Y)
-22.5%
Track Record
20 years
#342 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$8,160-18.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
ProShares GENIUS Money Market ETF
65.3%
United States of America
25.3%
United States of America
12.4%
Repurchase Agreement
5.9%
United States of America
5.8%
Repurchase Agreement
2.9%
Repurchase Agreement
2.9%
Repurchase Agreement
1.7%
Repurchase Agreement
1.7%
Repurchase Agreement
1.5%
Asset allocation
Cash
274.7%
Other
19.8%
Bonds
5.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
25.6%High
Year-on-year price swings
Max drawdown
-96.3%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-1.06Below average
Sortino (3Y)
-1.45Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P 500 Index.
- Strategy
- Invests in derivatives to gain inverse leveraged exposure to the S&P 500 Index, targeting two times the inverse daily performance. The Fund rebalances daily to maintain this exposure, investing in financial instruments that include swap agreements and futures contracts.
- Inception date
- July 11, 2006
- Fund family
- ProShares
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18