#SSO $SSO has been with me in #trade from 46.00 Really enjoying the clear indicators I use in my trades , some with John and the others
Simple helping lines and info on my screen to guide when to place smaller or larger order and when to trim .I always trim my profit first .Adding on dips is helpful for one big reason , I trade inventory , to pr
Key stats
About PROSHARES TRUST
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
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.
As a levered product, SSO is not a buy-and-hold ETF, it's a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 2x target returns. The 500 underlying companies are some of the most well-known firms in the world and offer a broad exposure to the US large-cap market. But since the selection is committee based, some companies that we consider mid-cap may be included. The index is float-adjusted market cap weighted. Knowledge of the benefits, risks and pitfalls of levered products is paramount when investing in this fund.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Government
Stock breakdown by region
Top 10 holdings
Learn To Trade Breakout/Flags More Efficiently - Part IIn my first tutorial, I tried to show how price channels can be used to identify and validate strong trade setups. Additionally, I attempted to show you how to identify better trade setups from what I consider invalid trade setups.
Understanding and maintaining at least a 2:1 Reward-to-risk factor
S&P500 leveraged making Sine wave pattern & returning to neckSSO is a safer 2x leveraged etf of SPX than SPXL. It recently formed slight divergence & a big engulfing candle, probably due to oversold RSI & also short coverings after Thursday’s dump & pump with investors betting massively on both directions triggered by a high CPI report.
Prices may return to t
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.
SSO trades at 88.38 USD today, its price has fallen −0.45% in the past 24 hours. Track more dynamics on SSO price chart.
SSO net asset value is 87.32 today — it's risen 27.64% 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.
SSO assets under management is 5.47 B 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.
SSO price has risen by 31.91% over the last month, and its yearly performance shows a 13.02% increase. See more dynamics on SSO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 27.64% over the last month, showed a −11.83% decrease in three-month performance and has increased by 12.12% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 27.64% over the last month, showed a −11.83% decrease in three-month performance and has increased by 12.12% in a year.
SSO fund flows account for −59.96 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.
SSO invests in stocks. See more details in our Analysis section.
SSO 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.
Yes, SSO is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
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, SSO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SSO shows the strong buy signal. See more of SSO technicals for a more comprehensive analysis.
Today, SSO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SSO shows the strong buy signal. See more of SSO technicals for a more comprehensive analysis.
Yes, SSO pays dividends to its holders with the dividend yield of 0.89%.
SSO trades at a premium (1.12%).
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.
SSO shares are issued by ProShare Advisors LLC
SSO 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 19, 2006.
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.