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ETFs

ProShares Short S&P500

SH
$--
Today’s Change
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Snapshot
*

Inception Date
Jun 19 2006
Expense Ratio
0.89%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$292,515,508
AUM
$1,823,984,157
Associated Index
S&P 500 Index
Inverse/Leveraged
Inverse (-1)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Derivatives offset
100.00%
n/a
Net Other Assets (Liabilities)
24.59%
n/a
TREASURY BILL
8.14%
n/a
UNITED STATES OF AMERICA BILL ZERO CPN 14/MAR/2024 USD 100
8.02%
n/a
TREASURY BILL
6.79%
n/a
TREASURY BILL
5.48%
n/a
TREASURY BILL
5.46%
n/a
TREASURY BILL
5.44%
n/a
TREASURY BILL
5.40%
n/a
TREASURY BILL
4.09%
Invest with SH

What is SH?

ProShares Short S&P500 seeks daily investment results before fees and expenses that correspond to the inverse (opposite) of the daily performance of the S&P500 Index.

ETFs related toSH

ETFs correlated to SH include SDS, SPXS, SPXU

SH
ProShares Trust - ProShares Short S&P500 -1x Shares
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares
PSQ
ProShares Trust - ProShares Short QQQ -1x Shares
QID
ProShares Trust - ProShares UltraShort QQQ -2x Shares
SQQQ
ProShares Trust - ProShares UltraPro Short QQQ -3x Shares
HIBS
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares

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.

FAQ

SH is a US Equities ETF. ProShares Short S&P500 seeks daily investment results before fees and expenses that correspond to the inverse (opposite) of the daily performance of the S&P500 Index.

SH tracks the S&P 500 Index.

No, SH 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, SH 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 SH is 0.0147%. This is the percent change in the value of SH over the most recent 1-month period. The 3-month return on SH is 0.0154%. This is the percent change in the value of SH over the most recent 3-month period.

The standard deviation of SH for the past year is 0.1722%. 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 SH include UAPR, UAUG, and ACIO.

ETFs correlated to SH include SDS, SPXS, and SPXU.

ETFs that are inversely correlated to SH include SPXL, SPY, and UPRO.

Yes, SH is a Inverse (-1) ETF: This means that SH will try to match the performance of S&P 500 Index, but with 1x the returns.

Yes, SH is a Inverse (-1) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of S&P 500 Index, but move 1x in the opposite direction.

Disclaimers

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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.