How have SBM shares performed in 2024?

ProShares Short Basic Materials' stock was trading at $46.38 at the beginning of 2024. Since then, SBM stock has decreased by 0.0% and is now trading at $46.3774. View the best growth stocks for 2024 here .

What is the management fee for ProShares Short Basic Materials?

ProShares Short Basic Materials' management fee is 0.75% and has other expenses of 5.38%. However, SBM has a fee waiver of -5.18% to reimburse the expenses. The net expense ratio for SBM is 0.95%.

When did ProShares Short Basic Materials' stock split?

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.

What other stocks do shareholders of ProShares Short Basic Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares Short Basic Materials investors own include Talend (TLND) , (NVET) (NVET) and IGO (IGO) .

How do I buy shares of ProShares Short Basic Materials?

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. Compare Top Brokerages Here .

NYSEARCA:SBM

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

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$46.38

0.00 (0.00%)

(As of 05/12/2023)

Compare

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%

Stock Analysis

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About ProShares Short Basic Materials

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.

SBM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SBM ETF News Headlines

April 17, 2024 | investing.com

FTSEAthex Basic Materials (FTATBM)

December 24, 2023 | seekingalpha.com

TTT ProShares UltraPro Short 20+ Year Treasury ETF

April 19, 2024 | Gold Safe Exchange (Ad)

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November 23, 2023 | finance.yahoo.com

ProShares Short Basic Materials (SBM)

September 18, 2023 | thestreet.com

All Indices

August 24, 2023 | investing.com

ProShares Short Financials (SEF)

August 23, 2023 | thestreet.com

ProShares Short Basic Materials News

July 23, 2021 | investopedia.com

Volatile Market Conditions Could Drive Investors to Trade

See More Headlines

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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
Web: www.proshares.com
Phone: +1-240-4976400

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

Outstanding Shares: 40,000
Beta: N/A

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ProShares Short Basic Materials Expenses

Type	SBM	NYSEARCA ETFs	All ETFs
Management Fee	0.75%	0.50%	0.51%
Other Expenses	5.38%	0.64%	0.58%
Total Expense	6.13%	0.74%	0.70%
Fee Waiver	-5.18%	-0.68%	-0.57%
Net Expense	0.95%	0.58%	0.58%