ProShares UltraPro Short Dow30 SDOW

ProShares is a provider of various financial products, including leveraged Exchange Traded Funds (ETFs). Part of the ProFunds group, founded in 1997, ProShares is based in Maryland, US, and is a leading provider of ETFs, with a wide variety available to suit a range of global investor requirements. The ProShares UltraPro Short Dow30 is an ETF which seeks a daily investment return that is -3x of the daily performance of the Dow Jones Industrial Average.

The ProShares UltraPro Short Dow30 ETF (SDOW) is traded on the NYSE. SDOW stock holdings vary daily but include a range of assets including treasury bonds and cash. As of August 2020, the fund held a net asset value of more than $745m, and the SDOW price chart showed a 52-week high of $95.94 and a 52-week low of $18.05.

It is important to note that this fund seeks a target return of 3x the inverse of the Dow Jones over a single day. Investors who hold this fund for periods longer than a single day may experience returns that are significantly different from the target.

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