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NYSEARCA:SMN

ProShares UltraShort Materials (SMN) Price, Holdings, & News

$20.57 +0.95 (+4.84%)
Closing price 07/31/2026 04:10 PM Eastern
Extended Trading
$20.58 +0.00 (+0.02%)
As of 07/31/2026 04:28 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About ProShares UltraShort Materials (NYSEARCA:SMN)

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Key Stats

Today's Range
$20.51
$20.57
50-Day Range
$19.07
$21.56
52-Week Range
$18.46
$31.02
Volume
2,210 shs
Average Volume
7,709 shs
Market Capitalization
$4.11 million
Assets Under Management
N/A
Dividend Yield
3.50%
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

ProShares UltraShort Basic Materials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the 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. Component companies are involved in the production of aluminum, steel, non-ferrous metals, commodity chemicals, specialty chemicals, forest products, paper products, as well as the mining of precious metals and coal. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index. The Index is a price return index. The Fund's investment advisor is ProShare Advisors LLC.

ProShares UltraShort Materials Expenses

TypeSMNMaterials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.51%0.57%0.51%0.53%
Other Expenses7.62%0.52%0.53%0.60%0.54%
Total Expense8.37%0.71%0.75%0.75%0.73%
Fee Waiver-7.42%-1.39%-0.67%-0.77%-0.68%
Net Expense0.95%0.56%0.63%0.57%0.60%
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SMN ETF News Headlines

Your withdrawal order could cost you in taxes
If you have $2M or more saved, the 4% rule points to roughly $92,000 a year - but it's a single-variable answer to a multi-variable problem. Withdrawal sequencing, sequence-of-returns risk, Roth conversion timing, and legacy goals can all shift your real number significantly. Research from Vanguard suggests advisor best practices - covering allocation, rebalancing, tax management, and behavioral coaching - may add roughly 3% in net annual return potential. Morningstar's 2025 data shows the average investor return gap is 1.2% per year due to mistimed buying and selling. Get matched with a fiduciary advisor in your area at no cost and with no obligation to hire.tc pixel
See More Headlines

SMN ETF - Frequently Asked Questions

ProShares UltraShort Materials' stock was trading at $26.26 at the start of the year. Since then, SMN shares have decreased by 21.7% and is now trading at $20.57.

ProShares UltraShort Materials's stock reverse split before market open on 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.

Shares of SMN 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 UltraShort Materials investors own include Affirm (AFRM), Zscaler (ZS), Walt Disney (DIS), Milestone Scientific (MLSS), Advanced Micro Devices (AMD), Applied DNA Sciences (APDN) and BILL (BILL).

Fund Details

Issuer
ProShares
Fund Name
ProShares UltraShort Materials
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:SMN
Inception Date
1/30/2007
Fund Manager
Michael Neches, Tarak Dave

Fund Focus

Asset Class
Equity
Benchmark
S&P Materials Select Sector Index
Category
Sector
Focus
Materials
Development Level
Developed Markets
Region
North America
Number of Holdings
42

Fund Statistics

Assets Under Management
$0.00
Average Daily Volume
$3.84 thousand
Discount/Premium
0.00%
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
Virtu Financial

Miscellaneous

Beta
-1.88
Creation Unit
25,000
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Top 7 SMN Holdings

  • Cte ? Proshares Trust M
    Holding Weight: 92.80%
  • Cash
    Holding Weight: 23.82%
  • Materials Select Sector Index Swap
    Holding Weight: -2.40%
  • Materials Select Sector Index Swap
    Holding Weight: -2.50%
  • Materials Select Sector Index Swap
    Holding Weight: -3.05%
  • Materials Select Sector Index Swap
    Holding Weight: -4.04%
  • Materials Select Sector Index Swap
    Holding Weight: -4.63%

This page (NYSEARCA:SMN) was last updated on 8/2/2026 by MarketBeat.com Staff.
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