ProShares UltraShort Utilities (SDP) Price, Holdings, & News

ETF Overview

ProShares UltraShort Utilities (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Utilities Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments. The Fund intends to concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund.

Key Stats

• Today's Range: $14.06 to $14.29
• 50-Day Range: $13.72 to $17.60
• 52-Week Range: $13.63 to $21.48
• Volume: 6,926 shs
• Average Volume: 21,441 shs
• Market Capitalization: $2.66 million
• Assets Under Management: $2.63 million
• Dividend Yield: 7.44%
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

SDP ETF - Frequently Asked Questions

How have SDP shares performed this year?

ProShares UltraShort Utilities' stock was trading at $16.73 on January 1st, 2025. Since then, SDP stock has decreased by 14.8% and is now trading at $14.25.
View the best growth stocks for 2025 here.

When did ProShares UltraShort Utilities' stock split?

Shares of ProShares UltraShort Utilities reverse split on the morning of Thursday, November 7th 2024. The 1-2 reverse split was announced on Monday, October 28th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

How do I buy shares of ProShares UltraShort Utilities?

Shares of SDP 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.

Fund Details

• Issuer: ProShares
• Fund Name: ProShares UltraShort Utilities
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:SDP
• Inception Date: 1/30/2007
• Fund Manager: Michael Neches, Tarak Dave
• Web: www.proshares.com
• Phone: +1-240-4976400

Fund Focus

• Asset Class: Equity
• Benchmark: S&P Utilities Select Sector Index
• Category: Sector
• Focus: Utilities
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 21

Fund Statistics

• Assets Under Management: $2.63 million
• Average Daily Volume: $25.89 thousand
• Discount/Premium: 0.01%
• Leveraged: -2.00

Administrator, Advisor and Custodian

• Administrator: J.P. Morgan Chase Bank, N.A.
• Advisor: ProShare Advisors, LLC
• Custodian: JPMorgan Chase Bank, N.A.
• Distributor: SEI Investments Distribution Co.
• Transfer Agent: J.P. Morgan Chase Bank, N.A.
• Trustee: N/A
• Lead Market Maker: IMC

Options

• Optionable: Optionable
• Options Volume: 3
• Put Options: 3
• Call Options: 1
• Short Interest: 18,600 shs

Miscellaneous

• Outstanding Shares: 186,846
• Beta: -1.17
• Creation Unit: 25,000
• Creation Fee: $250.00