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ProShares UltraShort Semiconductors

SSG
$
Today’s Change
()

Snapshot
*

Inception Date
Jan 30, 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$532,970
AUM
$9,834,089
Associated Index
Dow Jones U.S. Semiconductors Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

Derivatives offset
200.56%
Net Other Assets (Liabilities)
100%

What is SSG?

ProShares UltraShort Semiconductors seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Semiconductors Index.

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

SSG
Performance Measures**

for the time period Feb 1, 2007 to Dec 4, 2025

Returns

1M Trailing Return: 1.5%

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

3M Trailing Return: -30.2%

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

Measures of Risk or Volatility

Max Drawdown: -99.5%

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

Standard Deviation: 37.4%

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: -0.53

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: -0.24

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

ETFs related toSSG

ETFs correlated to SSG include SOXS, NVDS, TECS

SSG
ProShares Trust - ProShares UltraShort Semiconductors -2x Shares
SOXS
Direxion Shares ETF Trust - Direxion Daily Semiconductor Bear 3X Shares
NVDS
Investment Managers Series Trust II - AXS 1.25X NVDA Bear Daily ETF
TECS
Direxion Shares ETF Trust - Direxion Daily Technology Bear -3X Shares
BERZ
Bank of Montreal - MicroSectorsTM Solactive FANG & Innovation -3X Inverse Leveraged ETNs
QID
ProShares Trust - ProShares UltraShort QQQ -2x Shares
PSQ
ProShares Trust - ProShares Short QQQ -1x 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
FNGD
Bank of Montreal - MicroSectors FANG+ Index -3X Inverse Leveraged ETNs
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X 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.

Trading Strategies
Related toSSG

OG V1.1 QQQ 1DMR - 2X LETF edition

Category

Tactical mean‑reversion, 2x/‑2x leveraged ETFs, Nasdaq‑100 focus, semiconductors, small caps, RSI ranking, trend filter, Treasury hedges

OOS Cumulative Return

215.81%

2020's Sort

Category

Regime-switching, momentum, mean-reversion, volatility-hedged, leveraged ETFs, tech/semis focus

OOS Cumulative Return

182.22%

Create your own algorithmic trading strategy with SSG using Composer

FAQ

SSG is a US Equities ETF. ProShares UltraShort Semiconductors seeks daily investment results before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Semiconductors Index.

SSG tracks the Dow Jones U.S. Semiconductors Index.

No, SSG 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, SSG 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 SSG is 0.1116%. This is the percent change in the value of SSG over the most recent 1-month period. The 3-month return on SSG is -0.0282%. This is the percent change in the value of SSG over the most recent 3-month period.

The standard deviation of SSG for the past year is 0.7122%. 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 SSG include SSO, SPXL, and SDS.

ETFs correlated to SSG include SOXS, NVDS, and TECS.

ETFs that are inversely correlated to SSG include USD, SMH, and SOXX.

Yes, SSG is a Inverse (-2x) ETF: This means that SSG will try to match the performance of Dow Jones U.S. Semiconductors Index, but with 2x the returns.

Yes, SSG is a Inverse (-2x) leveraged ETF: This means that SSG will try to match the performance of Dow Jones U.S. Semiconductors Index, but move 2x 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.