ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no predetermined criteria except that components should be established United States companies. The DJIA is not limited to traditionally defined industrial stocks, instead, the Index serves as a measure of the entire United States market, covering such diverse industries as financial services, technology, retail, entertainment and consumer goods. The Index is a price return index. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares UltraShort Dow30
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:DXD
Inception Date7/11/2006
Fund ManagerMichael Neches, Devin Sullivan
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkDJ Industrial Average TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$516.26 million
Average Daily Volume$725,668.00
Discount/Premium-2.22%
ETF Expenses
Management Fee0.75%
Other Expenses0.23%
Total Expenses0.98%
Fee Waiver-0.03%
Net Expenses0.95%
Administrator, Advisor and Custodian
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerLatour Trading
ProShares UltraShort Dow30 (NYSEARCA:DXD) Frequently Asked Questions
What is ProShares UltraShort Dow30's stock symbol?
ProShares UltraShort Dow30 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "DXD."
How often does ProShares UltraShort Dow30 pay dividends? What is the dividend yield for ProShares UltraShort Dow30?
ProShares UltraShort Dow30 declared a quarterly dividend on Wednesday, March 21st. Stockholders of record on Thursday, March 22nd will be given a dividend of $0.0555 per share on Wednesday, March 28th. This represents a $0.22 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Wednesday, March 21st. View ProShares UltraShort Dow30's Dividend History.
When did ProShares UltraShort Dow30's stock split? How did ProShares UltraShort Dow30's stock split work?
Shares of ProShares UltraShort Dow30 reverse split on the morning of Thursday, May 24th 2018. The 1-4 reverse split was announced on Wednesday, May 9th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 23rd 2018. An investor that had 100 shares of ProShares UltraShort Dow30 stock prior to the reverse split would have 25 shares after the split.
Who are ProShares UltraShort Dow30's key executives?
ProShares UltraShort Dow30's management team includes the folowing people:
- Michael L. Sapir, Chairman of ProShares Trust (Age 57)
- Louis M. Mayberg, President of ProShares Trust (Age 53)
- Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust (Age 56)
- Simon D. Collier, Treasurer of ProShares Trust (Age 51)
- Gary A. Casagrande, Assistant Treasurer of ProShares Trust (Age 40)
- Charles S. Todd, Assistant Treasurer of ProShares Trust (Age 41)
- Stephenie Adams, Acting Secretary of ProShares Trust (Age 43)
- Gregory Pickard Esq., Assistant Secretary of ProShares Trust (Age 48)
- Russell S. Reynolds III, Trustee of ProShares Trust (Age 55)
- Michael C. Wachs, Trustee of ProShares Trust (Age 51)
Has ProShares UltraShort Dow30 been receiving favorable news coverage?
Media coverage about DXD stock has trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ProShares UltraShort Dow30 earned a daily sentiment score of 0.07 on Accern's scale. They also gave press coverage about the exchange traded fund an impact score of 47.03 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for ProShares UltraShort Dow30.
Who are ProShares UltraShort Dow30's major shareholders?
ProShares UltraShort Dow30's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tower Research Capital LLC TRC (0.50%), Parallel Advisors LLC (0.15%) and Gables Capital Management Inc. (0.14%).
Which institutional investors are selling ProShares UltraShort Dow30 stock?
DXD stock was sold by a variety of institutional investors in the last quarter, including Parallel Advisors LLC and Gables Capital Management Inc..
Which institutional investors are buying ProShares UltraShort Dow30 stock?
DXD stock was acquired by a variety of institutional investors in the last quarter, including Tower Research Capital LLC TRC .
How do I buy shares of ProShares UltraShort Dow30?
Shares of DXD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ProShares UltraShort Dow30's stock price today?
One share of DXD stock can currently be purchased for approximately $30.81.
How can I contact ProShares UltraShort Dow30?
ProShares UltraShort Dow30's mailing address is 7501 Wisconsin Avenue Suite 1000, Bethesda, MD 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares UltraShort Dow30 (NYSEARCA DXD)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort Dow30 and other stocks. Vote "Outperform" if you believe DXD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DXD will underperform the S&P 500 over the long term. You may vote once every thirty days.
