ProShares UltraShort S&P500
SDS

$21.87

0.21%

Market Cap: $458M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

21% more call options, than puts

Call options by funds: $5.14M | Put options by funds: $4.24M

5.68% more ownership

Funds ownership: 2.8% [Q1] → 8.48% (+5.68%) [Q2]

6% less funds holding

Funds holding: 62 [Q1] → 58 (-4) [Q2]

24% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 17

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

38% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 16

41% less capital invested

Capital invested by funds: $76.1M [Q1] → $44.6M (-$31.5M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for SDS.

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Financial journalist opinion

SDS: Playing With Fire

Shorting the S&P 500 is risky and often unsuccessful over time, but some use leveraged inverse ETFs like SDS for bearish bets. ProShares UltraShort S&P500 ETF tracks -2x daily performance of the S&P 500 through derivatives and swaps, rebalanced daily to maintain the desired leverage ratio. The SDS ETF provides a way to hedge against market declines without unlimited risk, but carries risks of volatility decay and unexpected losses over time.

SDS: Playing With Fire

SDS: Geopolitical Uncertainity Driving This Higher (Technical Analysis)

Our Model Portfolio went to cash due to market sell signals, now allocating $50,000 to the inverse ProShares UltraShort S&P500 ETF. Our short-term thesis is that SPDR® S&P 500 ETF Trust will continue to decline due to Middle East tensions. The market is expected to bounce back after the Middle East crisis is resolved, but weakness is still expected in August due to seasonality.

SDS: Geopolitical Uncertainity Driving This Higher (Technical Analysis)

Zacks Investment Research

Inverse ETFs to Play Now on Middle East Tension & Rising Rates?

Wall Street wavered this week on high inflation data which lowered chances of an imminent Fed rate cut. Plus, geopolitical tension in Middle East has weighed on stocks.

Inverse ETFs to Play Now on Middle East Tension & Rising Rates?

Understanding Bull And Bear Market Cycles With Jon Wolfenbarger

Jon Wolfenbarger aims to help individual investors generate double-digit profits and beat the market in both bull and bear markets.

Understanding Bull And Bear Market Cycles With Jon Wolfenbarger

Adding SDS To Our 2024MP Model Portfolio (Technical Analysis)

ProShares UltraShort S&P500 was added to our 2024MP Model Portfolio as the market is turning down. Communications Sector SPDR (XLC) and Technology Sector (XLK) were deleted from our Model Portfolio. Market weakness is indicated by the dropping prices in mega caps, a weakening economy, and the Fed's decision to stop raising rates.

Adding SDS To Our 2024MP Model Portfolio (Technical Analysis)

SDS: Don't Be Tempted To Bet Against Stocks For The Long Term

S&P 500 Index on track to deliver 25% returns in 2023, one of the best years following last year's poor returns. In the short-term, markets are extremely overbought and nimble traders may be able to bet against the market using the SDS. However, over the long-run, the SDS ETF suffers from volatility decay and historically loses money.

SDS: Don't Be Tempted To Bet Against Stocks For The Long Term

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