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$476.13 million
Average Daily Volume$783,049.00
Discount/Premium-2.87%
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 announced a quarterly dividend on Wednesday, December 26th. Investors of record on Thursday, December 27th will be paid a dividend of $0.1456 per share on Thursday, January 3rd. This represents a $0.58 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Wednesday, December 26th. This is a boost from ProShares UltraShort Dow30's previous quarterly dividend of $0.12. View ProShares UltraShort Dow30's Dividend History.
When did ProShares UltraShort Dow30's stock split? How did ProShares UltraShort Dow30's stock split work?
ProShares UltraShort Dow30's stock reverse split before market open on 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 market closes 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.
Has ProShares UltraShort Dow30 been receiving favorable news coverage?
Press coverage about DXD stock has been trending positive on Tuesday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ProShares UltraShort Dow30 earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned press coverage about the exchange traded fund a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term.
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)
Who are ProShares UltraShort Dow30's major shareholders?
ProShares UltraShort Dow30's stock is owned by a number of of institutional and retail investors. Top institutional investors include Virtu Financial LLC (1.61%) and Gables Capital Management Inc. (0.04%).
Which institutional investors are selling ProShares UltraShort Dow30 stock?
DXD stock was sold by a variety of institutional investors in the last quarter, including Gables Capital Management Inc..
Which institutional investors are buying ProShares UltraShort Dow30 stock?
DXD stock was purchased by a variety of institutional investors in the last quarter, including Virtu Financial LLC.
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 $28.47.
How big of a company is ProShares UltraShort Dow30?
ProShares UltraShort Dow30 has a market capitalization of $129.65 million.
What is ProShares UltraShort Dow30's official website?
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.
