NYSEARCA:SDOW
ProShares UltraPro Short Dow30 ETF Company Profile
$17.54
+0.0900 (+0.516%)
At Close: Apr 24, 2024
Information
866-776-5125
Description
The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Dow Jones Industrial AverageSM. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times the inverse (-3x) of the daily return of the index. The index is a price-weighted index and includes 30 large-cap, "blue-chip" U.S. stocks, excluding utility and transportation companies. The fund is non-diversified.