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
BenchmarkDow Jones Industrial Average Index
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$260.07 million
Average Daily Volume$2.28 million
Discount/Premium-0.01%
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 Tuesday, December 24th. Shareholders of record on Thursday, December 26th will be given a dividend of $0.1421 per share on Thursday, January 2nd. This represents a $0.57 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Tuesday, December 24th. This is a positive change from ProShares UltraPro Short Dow30's previous quarterly dividend of $0.04. View ProShares UltraPro Short Dow30's Dividend History.
Has ProShares UltraPro Short Dow30 been receiving favorable news coverage?
News headlines about SDOW stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. ProShares UltraPro Short Dow30 earned a daily sentiment score of -2.2 on InfoTrie's scale. They also assigned news headlines about the exchange traded fund a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for ProShares UltraPro Short Dow30.
What other stocks do shareholders of ProShares UltraPro Short Dow30 own?
Who are ProShares UltraPro Short Dow30's major shareholders?
ProShares UltraPro Short Dow30's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Tower Research Capital LLC TRC (0.35%), SG Americas Securities LLC (0.16%) and Virtu Financial LLC (0.14%).
Which major investors are selling ProShares UltraPro Short Dow30 stock?
SDOW stock was sold by a variety of institutional investors in the last quarter, including Tower Research Capital LLC TRC.
Which major investors are buying ProShares UltraPro Short Dow30 stock?
SDOW stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC and SG Americas Securities LLC.
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, Robinhood, 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 $34.99.
How big of a company is ProShares UltraPro Short Dow30?
What is ProShares UltraPro Short Dow30's official website?
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.
