SPXU icon

ProShares UltraPro Short S&P 500

22.41 USD
-0.79
3.41%
At close Dec 20, 4:00 PM EST
After hours
22.30
-0.11
0.49%
1 day
-3.41%
5 days
6.46%
1 month
-0.40%
3 months
-11.53%
6 months
-22.99%
Year to date
-48.89%
1 year
-50.03%
5 years
-95.57%
10 years
-99.39%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

345% more call options, than puts

Call options by funds: $36.8M | Put options by funds: $8.27M

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

6% more funds holding

Funds holding: 34 [Q2] → 36 (+2) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

1.0% less ownership

Funds ownership: 5.9% [Q2] → 4.9% (-1.0%) [Q3]

25% less capital invested

Capital invested by funds: $34.8M [Q2] → $26.2M (-$8.65M) [Q3]

Research analyst outlook

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

Financial journalist opinion

Negative
MarketBeat
3 weeks ago
3 Strategic ETFs for Bearish Investors Post-Election
Following the 2024 U.S. election, there has been a great deal of speculation about how a second Trump administration will set policies that have an impact on the economy. Some have taken a strongly optimistic view of what's to come—a recent Goldman Sachs report suggested that the likelihood of a recession has diminished along with inflation levels and that anticipated changes to tariffs, immigration, and other policies are not likely to dampen economic growth.
3 Strategic ETFs for Bearish Investors Post-Election
Neutral
Seeking Alpha
2 months ago
SPXU: A Bet On Election Uncertainty And Expensive Valuations
The ProShares UltraPro Short S&P500 ETF aims to provide triple the inverse daily performance of the S&P 500, ideal for bearish market outlooks. The ETF is highly leveraged and suitable for short-term trading, not long-term holding due to an elevated expense ratio and numerous medium-and-long-term tailwinds for US stocks. Arguments for a long SPXU position include election uncertainty, high concentration and elevated valuation of the S&P 500, as well as passive investor inflows.
SPXU: A Bet On Election Uncertainty And Expensive Valuations
Neutral
Seeking Alpha
6 months ago
SPXU: A Juicy 10.74% Dividend Out Of Reach
SPXU is a 3x leveraged inverse bet on the S&P 500 with a 10.74% TTM dividend yield from US Treasuries. While the dividend is attractive, it is more of a quirk than something we can effectively capture. The fund's leveraged nature comes with high risk warnings and negative compounding that amplifies losses over time.
SPXU: A Juicy 10.74% Dividend Out Of Reach
Negative
Seeking Alpha
8 months ago
SPXU: A Risky Bet On Perfect Timing And Rare Luck
ProShares UltraPro Short S&P500 is a triple-leveraged, inverse ETF that aims to produce three times the negative daily return of the S&P 500. SPXU tends to lose value over time due to betting against an asset that generally rises in value and suffers from compounding losses. Historical data suggests that SPXU is only successful during periods of market chaos and downward momentum, making it an unreliable trading or investment vehicle.
SPXU: A Risky Bet On Perfect Timing And Rare Luck
Neutral
Business Wire
9 months ago
ProShares Announces ETF Share Splits
BETHESDA, Md.--(BUSINESS WIRE)--ProShares announced forward and reverse share splits on eleven of its ETFs.
ProShares Announces ETF Share Splits
Charts implemented using Lightweight Charts™