ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index. The Fund invests in derivatives as a substitute for directly shorting stocks in order to gain inverse exposure to the Index. The Fund also invests in short-term cash instruments that have terms to maturity of less than 397 days and exhibit credit profiles. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares UltraPro Short Dow30
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:SDOW
Inception Date2/9/2010
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$162.77 million
Average Daily Volume$3.04 million
Discount/Premium0.53%
ETF Expenses
Management Fee0.75%
Other Expenses0.22%
Total Expenses0.97%
Fee Waiver-0.02%
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 MakerPundion
ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) Frequently Asked Questions
What is ProShares UltraPro Short Dow30's stock symbol?
ProShares UltraPro Short Dow30 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SDOW."
How often does ProShares UltraPro Short Dow30 pay dividends? What is the dividend yield for ProShares UltraPro Short Dow30?
ProShares UltraPro Short Dow30 declared a quarterly dividend on Wednesday, March 21st. Investors of record on Thursday, March 22nd will be paid a dividend of $0.0318 per share on Wednesday, March 28th. This represents a $0.13 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Wednesday, March 21st. View ProShares UltraPro Short Dow30's Dividend History.
What is the consensus analysts' recommendation for ProShares UltraPro Short Dow30?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProShares UltraPro Short Dow30 in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Has ProShares UltraPro Short Dow30 been receiving favorable news coverage?
Media coverage about SDOW stock has been trending somewhat positive on Sunday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ProShares UltraPro Short Dow30 earned a daily sentiment score of 0.09 on Accern's scale. They also gave media headlines about the exchange traded fund an impact score of 45.92 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
How do I buy shares of ProShares UltraPro Short Dow30?
Shares of SDOW 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 UltraPro Short Dow30's stock price today?
One share of SDOW stock can currently be purchased for approximately $17.02.
How can I contact ProShares UltraPro Short Dow30?
ProShares UltraPro Short Dow30's mailing address is SUITE 1000, 7501 WISCONSIN AVENUE, BETHESDA, MD 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares UltraPro Short Dow30 (NYSEARCA SDOW)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraPro Short Dow30 and other stocks. Vote "Outperform" if you believe SDOW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SDOW will underperform the S&P 500 over the long term. You may vote once every thirty days.
