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ProShares Short SmallCap600

SBB
$
Today’s Change
()

Snapshot
*

Inception Date
Jan 23, 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$251,720
AUM
$12,936,577
Associated Index
S&P SmallCap 600 Index
Inverse/Leveraged
Inverse (-1)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

Net Other Assets (Liabilities)
100%
Derivatives offset
99.96%

What is SBB?

ProShares Short SmallCap600 seeks daily investment results before fees and expenses that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index.

1M
3M
6M
YTD
1Y
3Y
Max

SBB
Performance Measures**

for the time period Jan 25, 2007 to Dec 4, 2025

Returns

1M Trailing Return: -4.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -2.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -95.3%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 41.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.11

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.13

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSBB

ETFs correlated to SBB include RWM, TZA, TWM

SBB
ProShares Trust - ProShares Short SmallCap600 -1x Shares
RWM
ProShares Trust - ProShares Short Russell2000 -1x Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares
SRTY
ProShares Trust - ProShares UltraPro Short Russell2000 -3x Shares
HIBS
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares
FAZ
Direxion Shares ETF Trust - Direxion Daily Financial Bear 3x Shares
HDGE
Advisorshares Trust - Ranger Equity Bear -1x Shares
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSBB

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

💎🥐

Category

Tactical asset allocation, volatility trading, market timing, risk management, leveraged ETFs, trend-following, mean reversion

OOS Cumulative Return

17.83%

Create your own algorithmic trading strategy with SBB using Composer

FAQ

SBB is a US Equities ETF. ProShares Short SmallCap600 seeks daily investment results before fees and expenses that correspond to the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index.

SBB tracks the S&P SmallCap 600 Index.

No, SBB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SBB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SBB is 0.037%. This is the percent change in the value of SBB over the most recent 1-month period. The 3-month return on SBB is 0.0313%. This is the percent change in the value of SBB over the most recent 3-month period.

The standard deviation of SBB for the past year is 0.2174%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SBB include SAA, SDD, and SSO.

ETFs correlated to SBB include RWM, TZA, and TWM.

ETFs that are inversely correlated to SBB include IJR, SPSM, and VIOO.

No, SBB is not a leveraged ETF.

Yes, SBB is a Inverse (-1) leveraged ETF: This means that SBB will try to match the performance of S&P SmallCap 600 Index, but move 1x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.