Symbols

SBB

ProShares Short SmallCap600·ARCA

--(--)

Key Stats

Assets Under Management

5.03MUSD

Fund Flows (1Y)

1.66MUSD

Dividend Yield

3.79%

Discount/Premium to NAV

0.01%

Shares Outstanding

403.70K

Expense Ratio

0.95%

About ProShares Short SmallCap600

Issuer

ProShare Advisors

Brand

ProShares

Home Page

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

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.

SBB aims to make a one-day bet against the small-cap segment of the US equity market. With the use of swaps and derivatives, the fund provides inverse leveraged 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.