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NYSEARCA:SBM

ProShares Short Basic Materials (SBM) Price, Holdings, & News

$46.38 0.00 (0.00%)
As of 05/12/2023

About ProShares Short Basic Materials (NYSEARCA:SBM)

Key Stats

Today's Range
$46.38
$46.38
50-Day Range
$46.38
$46.38
52-Week Range
$42.85
$55.15
Volume
N/A
Average Volume
3,024 shs
Market Capitalization
$1.86 million
Assets Under Management
$1.85 million
Dividend Yield
0.00%
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

ProShares Short Basic Materials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. The Fund invests in derivatives as a substitute for directly shorting stocks in order to gain inverse exposure to the Index. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index. The Fund also invests in short-term cash instruments that have terms to maturity of less than 397 days and exhibit credit profiles. ProShare Advisors LLC is the investment advisor of the Fund.

ProShares Short Basic Materials Expenses

TypeSBMNYSEARCA ETFsAll ETFs
Management Fee0.75%0.51%0.53%
Other Expenses5.38%0.59%0.56%
Total Expense6.13%0.74%0.73%
Fee Waiver-5.18%-0.71%-0.63%
Net Expense0.95%0.58%0.60%
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SBM ETF News Headlines

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SBM ETF - Frequently Asked Questions

ProShares Short Basic Materials' stock was trading at $46.3774 at the beginning of 2025. Since then, SBM stock has increased by 0.0% and is now trading at $46.3774.
View the best growth stocks for 2025 here
.

Shares of ProShares Short Basic Materials reverse split on the morning of Thursday, January 13th 2022.The 1-5 reverse split was announced on Thursday, January 13th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Shares of SBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares Short Basic Materials investors own include APA (APA), ANN (ANN), Ameriprise Financial (AMP), AMC Entertainment (AMC), Alexander's (ALX), ALU (ALU) and Alpine 4 (ALPP).

Fund Details

Issuer
Fund Name
PROSHARES SHORT BASIC MATERIALS
Tax Classification
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:SBM
Inception Date
1/1/2100
Fund Manager
N/A

Fund Focus

Asset Class
Benchmark
N/A
Category
Focus
Development Level
Region
Number of Holdings
0

Fund Statistics

Assets Under Management
$1.85 million
Average Daily Volume
$528.60
Discount/Premium
0.02%

Administrator, Advisor and Custodian

Administrator
N/A
Advisor
N/A
Custodian
N/A
Distributor
N/A
Transfer Agent
N/A
Trustee
N/A
Lead Market Maker
N/A

Miscellaneous

Beta
N/A
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This page (NYSEARCA:SBM) was last updated on 6/27/2025 by MarketBeat.com Staff
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