SPXU: ProShares UltraPro Short S&P500 - MutualFunds.com
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ProShares UltraPro Short S&P500

SPXU - Snapshot

Vitals

  • YTD Return 238.2%
  • 3 Yr Annualized Return -53.7%
  • 5 Yr Annualized Return -48.1%
  • Net Assets $485 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$19.24
$5.56
$30.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.93%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Exchange Traded Fund
  • Investment Style Trading--Inverse Equity

Compare SPXU to Popular Inverse Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$9.95

-3.87%

$1.73 B

-

$0.00

-32.94%

1.02%

$15.67

-0.06%

$1.43 B

-

$0.00

-11.63%

0.90%

$12.74

-1.39%

$595.58 M

-

$0.00

-10.76%

1.02%

$9.39

+0.11%

$579.36 M

-

$0.00

-22.28%

0.91%

$19.26

+0.10%

$484.86 M

-

$0.00

238.18%

0.93%

SPXU - Profile

Distributions

  • YTD Total Return 225.3%
  • 3 Yr Annualized Total Return -53.7%
  • 5 Yr Annualized Total Return -48.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ProShares UltraPro Short S&P500
  • Fund Family Name
    ProShares
  • Inception Date
    Jun 23, 2009
  • Shares Outstanding
    24747347
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Neches

Fund Description

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is a measure of large-cap U.S. stock market performance. The fund is non-diversified.


SPXU - Performance

Return Ranking - Trailing

Period SPXU Return Category Return Low Category Return High Rank in Category (%)
YTD 238.2% -70.2% 676.2% 6.43%
1 Yr -69.9% -99.2% -0.3% 79.29%
3 Yr -53.7%* -81.4% -3.5% 89.47%
5 Yr -48.1%* -78.1% -7.9% 87.50%
10 Yr -43.4%* -66.8% -6.6% 91.87%

* Annualized

Return Ranking - Calendar

Period SPXU Return Category Return Low Category Return High Rank in Category (%)
2020 -70.4% -91.6% 724.7% 94.29%
2019 -57.0% -80.5% 216.6% 96.32%
2018 309.3% -22.1% 1024.3% 6.92%
2017 -44.3% -75.7% 177.4% 81.10%
2016 -35.6% -84.5% 192.8% 76.42%

Total Return Ranking - Trailing

Period SPXU Return Category Return Low Category Return High Rank in Category (%)
YTD 225.3% -72.7% 682.8% 6.43%
1 Yr -69.9% -99.2% -0.3% 79.29%
3 Yr -53.7%* -81.4% -3.5% 89.47%
5 Yr -48.1%* -78.1% -7.9% 87.50%
10 Yr -43.4%* -66.8% -6.6% 91.87%

* Annualized

Total Return Ranking - Calendar

Period SPXU Return Category Return Low Category Return High Rank in Category (%)
2020 -70.4% -96.0% 724.7% 85.71%
2019 -57.0% -84.0% 186.0% 92.65%
2018 2.3% -22.1% 48.3% 70.00%
2017 -44.3% -75.7% -0.1% 77.17%
2016 -35.6% -97.6% 146.1% 75.61%

SPXU - Holdings

Concentration Analysis

SPXU Category Low Category High SPXU % Rank
Net Assets 485 M 282 K 1.73 B 3.50%
Number of Holdings 46 4 790 9.79%
Net Assets in Top 10 -1.76 B -4.86 B 398 M 98.60%
Weighting of Top 10 N/A 5.8% 100.0% N/A

Top 10 Holdings

  1. S&P 500 Index Swap Credit Suisse International 25.63%
  2. S&P 500 Index Swap Credit Suisse International 25.63%
  3. S&P 500 Index Swap Credit Suisse International 25.63%
  4. S&P 500 Index Swap Credit Suisse International 25.63%
  5. S&P 500 Index Swap Credit Suisse International 25.63%
  6. S&P 500 Index Swap Credit Suisse International 25.63%
  7. S&P 500 Index Swap Credit Suisse International 25.63%
  8. S&P 500 Index Swap Credit Suisse International 25.63%
  9. S&P 500 Index Swap Credit Suisse International 25.63%
  10. S&P 500 Index Swap Credit Suisse International 25.63%

Asset Allocation

Weighting Return Low Return High SPXU % Rank
Cash
179.60% -100.21% 400.02% 29.37%
Bonds
27.93% 0.00% 92.83% 15.38%
Preferred Stocks
0.00% 0.00% 0.00% 39.16%
Other
0.00% -299.51% 71.56% 56.64%
Convertible Bonds
0.00% 0.00% 13.37% 54.55%
Stocks
-107.53% -300.02% 200.21% 79.02%

Bond Sector Breakdown

Weighting Return Low Return High SPXU % Rank
Cash & Equivalents
86.54% 2.90% 100.00% 67.88%
Government
13.46% 0.00% 97.10% 27.01%
Derivative
0.00% 0.00% 12.23% 43.07%
Securitized
0.00% 0.00% 12.55% 43.80%
Corporate
0.00% 0.00% 13.48% 56.20%
Municipal
0.00% 0.00% 0.45% 43.07%

Bond Geographic Breakdown

Weighting Return Low Return High SPXU % Rank
US
27.93% -0.11% 92.83% 15.38%
Non US
0.00% 0.00% 26.76% 45.45%

SPXU - Expenses

Operational Fees

SPXU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.56% 7.81% 91.85%
Management Fee 0.75% 0.35% 1.50% 22.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.45% N/A

Sales Fees

SPXU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SPXU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPXU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 247.00% 17.86%

SPXU - Distributions

Dividend Yield Analysis

SPXU Category Low Category High SPXU % Rank
Dividend Yield 0.00% 0.00% 0.61% 39.58%

Dividend Distribution Analysis

SPXU Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

SPXU Category Low Category High SPXU % Rank
Net Income Ratio 0.71% -3.90% 3.61% 12.59%

Capital Gain Distribution Analysis

SPXU Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

SPXU - Fund Manager Analysis

Managers

Michael Neches


Start Date

Tenure

Tenure Rank

Oct 01, 2013

7.67

7.7%

Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.

Devin Sullivan


Start Date

Tenure

Tenure Rank

Apr 30, 2018

3.09

3.1%

Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 34.11 7.58 3.09