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ProShares UltraShort Materials

ProShares UltraShort Materials stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization3.14 mln

Business Description

This fund takes a leveraged bet against materials companies found in the S&P 500, meaning it is built to grow in value when those companies decline. At least 80% of the fund's assets are used to achieve this inverse exposure, either through direct index components or comparable financial instruments. Because it concentrates its holdings rather than spreading them broadly, it carries a higher level of risk than a typical diversified fund.

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 5.05% 92 / 100   
1 Month -0.19% 22 / 100   
2 Months -3.52% 26 / 100   
6 Months -28.55% 7 / 100   
1 Year -32.36% 6 / 100   



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