on margin.This fund has a lower annual fee than rival Ultra S & P500 ProShares , though trading costs may eat up the fairly small expense ..... inherent risks of leveraged ETFs may prefer Ultra S&P 500 ProShares SSO , as it has far greater liquidity despite the higher expense
By Morningstar : By Michael Rawson, CFA With nearly 30 million shares and $300 million dollars traded daily, ProShares UltraShort S&P 500 ( SDS ) is one of the most heavily traded exchange-traded funds. But as a leveraged and inverse fund
that same notional amount. Because the ProShares funds hold on to their cash collateral ..... of its promised return. Suitability ProShares Ultra S&P500 SSO attempts to provide 2 times the daily ..... while its 2 times bear cousin, ProShares Ultra S&P500 SDS, would also have ..... February 2012, SDS was down 19.2% and SSO was down 6.6%, though the S&P
inefficiency of this leveraged ETF. ProShares Ultra Dow30 DDM offers positive 3 times ..... tracks the broader Russell 1000 Index. ProShares Ultra S&P500 SSO is extremely liquid and offers 2 times ..... 0.90% expense ratio. Ultra Dow30 ProShares seeks to provide three times the daily
that same notional amount. Because the ProShares funds hold on to their cash collateral ..... of its promised return. Suitability ProShares UltraShort S&P 500 SDS attempts to ..... lost 5% while its 2 times bull cousin ProShares Ultra S&P500 SSO would also have lost 5%. As a real
though. There are cheaper passive bear market ETFs like ProShares Short S&P 500 (SH). The most absurd idea I had was to short a leveraged long index ETF like ProShares Ultra S&P 500 ( SSO ) and try to take advantage of the high expense ratio
notional amount. Because the ProShares funds hold on to their cash ..... promised return. Suitability Ultra S & P500 ProShares SSO is an expensive and extremely ..... same over time. Thus, the Ultra S & P500 ProShares fund provides a little extra
on margin.This fund has a lower annual fee than rival Ultra S & P500 ProShares , though trading costs may eat up the fairly small expense ..... distributions in the past. Alternatives Although Ultra S&P 500 ProShares SSO has a higher expense ratio of 0.95%, its far greater
the SEC to offer 66 new ETFs under the ProShares label. All of these new ETFs will use ..... chosen market segment. For example, ProShares Ultra S&P 500 SSO aims to double the returns of the S ..... exposure to an index. For example, ProShares UltraShort S&P 500 SDS aims to deliver