Key stats
About ProShares UltraPro Short S&P500
Home page
Inception date
Jun 25, 2009
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SPXU delivers a very aggressive single-day bet against the S&P 500, ratcheting up the leverage to provide 3x inverse exposure to the widely followed index. The fund, like most geared inverse products, is designed to deliver its -3x exposure to the S&P 500–a cap-weighted basket of 500 of the largest firms in the US–for just one trading day. Holding it for a period longer than that will introduce the effects of compounding, a dynamic that`s increasingly pronounced as you add more leverage to the strategy. The tool is designed to be held for no more than one day or your position will need to be adjusted daily.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
BUY SPXU soon?I trade this swing chart. No ambiguity All Analysis is TradingView Community Scripts. MACD (X0 or XX no! Not kisses and hugs) must confirm/filter price chart signal (Price must penetrate all chart indicator lines and get a Lorentzian green flag. Note : displayed WINRATE is associated with Lorent
Betting on a crash SPXUPretty obvious we are on the brink of a year end rally based on seasonality and election cycles OR we are about to see the biggest system crash since the great depression based on absolutely bananas monetary policy for the last 50 years and over correction helicopter money from the Federal Reserve.
SPXU - bears are in control after CPI release$SPXU - bears are in control after CPI release
Shorting the US market is not an easy business, but this is the trend since the beginning of 2022 and there is no sign of it changing.
In addition to my previous post...
On Friday I have been stopped out from both $SPXU and $SQQQ, locking in roughl
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPXU trades at 19.48 USD today, its price has risen 1.70% in the past 24 hours. Track more dynamics on SPXU price chart.
SPXU net asset value is 19.70 today — it's fallen 19.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPXU assets under management is 599.25 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPXU price has fallen by −17.47% over the last month, and its yearly performance shows a −39.97% decrease. See more dynamics on SPXU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −19.10% over the last month, showed a −10.52% decrease in three-month performance and has decreased by −34.44% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −19.10% over the last month, showed a −10.52% decrease in three-month performance and has decreased by −34.44% in a year.
SPXU fund flows account for 135.09 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPXU invests in bonds. See more details in our Analysis section.
SPXU expense ratio is 0.89%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SPXU is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPXU technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPXU shows the strong sell signal. See more of SPXU technicals for a more comprehensive analysis.
Today, SPXU technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPXU shows the strong sell signal. See more of SPXU technicals for a more comprehensive analysis.
Yes, SPXU pays dividends to its holders with the dividend yield of 9.00%.
SPXU trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPXU shares are issued by ProShare Advisors LLC
SPXU follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 25, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.