Symbols

SDD

ProShares UltraShort SmallCap600·ARCA

--(--)

Key Stats

Assets Under Management

1.36MUSD

Fund Flows (1Y)

-390.70KUSD

Dividend Yield

5.88%

Discount/Premium to NAV

-0.08%

Shares Outstanding

123.90K

Expense Ratio

0.95%

About ProShares UltraShort SmallCap600

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/sdd

Inception Date

Jan 23, 2007

Structure

Open-Ended Fund

Index Tracked

S&P SmallCap 600

Management Style

Passive

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.

SDD is an aggressive inverse play on the small-cap segment of the US equity market. With the use of swaps and derivatives, the fund aims to provide -2x levered exposure to the S&P SmallCap 600 Index, a market-cap-weighted index of small-cap firms selected by S&P's index committee. As a levered product with daily resets, SBB is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.