ProShares Ultra S&P500 (the Fund), formerly Ultra S&P500 ProShares, seeks daily investment results that correspond to twice (200%) the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. Reconstitution occurs both on a quarterly and ongoing basis. 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 S&P 500 Index. The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the return of the S&P 500 Index (the Index) for a single day, not for any other period. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts.
If volatility wasn’t the big theme of the last week already, here comes the ETF Issuer League to underline it. While AUM news week to week tends to focus on the biggest firms and names, this week’s st… Stock futures on Friday point to Wall Street snapping a four-day losing streak, helped by strength in Apple shares after the tech giant’s results — though doubtless the nonfarm payrolls report will ha… Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.
Trump, in a bind on trade, will determine the direction of the stock market
ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. U.S. stocks ended higher Thursday in the final trading session ahead of the Christmas holiday, with the S&P 500 closing at a example of unsystematic risk record as investors appeared more confident the economy won’t be derailed b… This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.
The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios. ProShares Ultra S&P500’s stock is owned by a number of institutional and retail investors. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
Terms of Service apply. The science of technical analysis clearly works, but the science is dynamic, not static, which requires investors to also be dynamic. The deterioration risk that exists in leveraged ETF is real, writes Tom Kee.
ProShares Ultra S&P 500 SSO (U.S.: NYSE Arca)
For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.
When the market finds itself at either major support or resistance levels, traders have to be more flexible than usual to take advantage of what could be a significant move. Taking advantage of near-term support and resistance levels by doing some very short-term buying and selling can help to improve your cost basis in a larger overall trade, thereby mitigating some volatility. The ongoing equity bull market will remain intact over the next year, says Morgan Stanley.
Investors should note that SSO’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. SSO can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy. Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund.
The «A+ Metric Rated ETF» field, available to ETF Database Pro members, shows the ETF in the Leveraged Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here. The S&P 500 is a widely used measure of large U.S. stock market performance. It includes a representative sample of leading companies in leading industries. Companies are selected for inclusion in the Index by Standard & Poor’s based on adequate liquidity, appropriate market capitalization, financial viability and public float.
ETF Database Themes
Indexes are unmanaged, and one cannot invest directly in an index. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Joe Biden was officially sworn in as 46th president of the United States on Wednesday and investors appear to have celebrated the occasion by sending the S&P 500 index to new all-time highs. CNBC’s «Halftime Report» team is joined by Chris Toomey of Morgan Stanley Private Wealth Management to discuss his investment strategies and advice as well as his outlook for markets and the economy. ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. The S&P 500 could fall up to 10% if Democrats flip the Senate blue on Tuesday, said Oppenheimer’s John Stoltzfus. The chief investment strategist said in a note to clients on Monday that investors ma… Index information does not reflect any management fees, transaction costs or expenses.
The following charts reflect the allocation of
underlying holdings. The following charts reflect the geographic spread of
underlying holdings. View charts that break down the influence that fund flows and price had on overall assets.
Why ETFs Experience Limit Up/Down Protections
A decline in economic uncertainty should lead to stock market gains next year, argues JPMorgan’s quantitative strategists. This chart shows why the S&P 500’s bull market run may be both too short lived and too limited, in terms of price gains, to be over anytime soon. #S&P500 BofA Global Research, U.S. Equity Strategist and Head of US SMID Cap Strategy, Jill Carey Hall, joins Yahoo Finance to discuss the changing tones in the market as price targets shift and the c… News and announcements were light before the open which gave investors a chance to digest Tuesday’s selloff. Today’s onslaught of economic reports included the latest updates on inflation and consumer spending.
- It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts.
- SSO was launched on Jun 19, 2006 and is managed by ProShares.
- News and announcements were light before the open which gave investors a chance to digest Tuesday’s selloff.
- The S&P 500 is a widely used measure of large U.S. stock market performance.
ProShares may invest in equity securities and/or financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund’s benchmark. Derivative contracts are priced to include the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives and other financial instruments, their dividend distributions may not reflect those of their applicable indexes. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. ProShares Ultra S&P500 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The ProShares Ultra S&P 500 (SSO) is an exchange-traded fund that is based on the S&P 500 index.
ProShares Ultra S&P500’s stock was trading at $44.45 on January 1st, 2023. Since then, SSO stock has increased by 32.9% and is now trading at $59.08. Sign-up to receive the latest news and ratings for ProShares Ultra S&P500 and its competitors with MarketBeat’s FREE daily newsletter. ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor. Get this delivered to your inbox, and more info about our products and services. A passive approach to the market, using broad-based index ETFs to take advantage of market predictions set in place by analysts is a strategy that simply won’t work anymore.
The fund provides 2x daily leveraged exposure to a market cap-weighted index of 500 large- and mid-cap US companies selected by S&P. SSO was launched on Jun 19, 2006 and is managed by ProShares. This ETF offers 2x daily long leverage to the S&P 500 Index, making it a powerful tool for investors with a bullish short-term outlook for large cap equities.
ProShares Ultra S&P500 shares split on the morning of Thursday, January 13th 2022. The newly created shares were payable to shareholders after the market closes on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. ProShares Ultra S&P500 is a equity fund issued by ProShares. SSO focuses on large cap investments and follows the S&P 500 Index. The fund’s investments total to approximately $4.13 billion assets under management.
A long-running debate in asset allocation circles is how much of a portfolio an investor should… ETF Database’s Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of SSO stock can currently be purchased for approximately $59.08. ProShares Ultra S&P500’s management fee is 0.75% and has other expenses of 0.14%.
The firm expects the S&P 500 to rally to 3,900 by December 2021, implying an 8% climb from current levels. With several coronavirus vaccines vying for regulatory approval, Credit Suisse says the key to investing in 2021 is positioning for «a more normal world» in 2022. A Bank of America contrarian indicator measuring investor bullishness jumped in November as vaccine progress sparked optimism on Wall Street. The Sell Side indicator, which is based on the average re… The S&P 500 could be headed for a drop of up to 48%, according to James McDonald, the CEO and chief investment officer of Hercules Investments. The S&P 500 has risen on the final day of trading before the holiday in 67 of the last 95 years, according to Dow Jones Market Data.