ProShares UltraPro Short S&P500 (SPXU) is a specialized exchange-traded fund designed for investors seeking to capitalize on downward movements in the U.S. equity market, specifically targeting the large-cap segment. As a Size and Style-focused ETF, SPXU offers a unique investment strategy by delivering three times the inverse daily performance of the S&P 500 Index, a benchmark that encompasses 500 of the largest companies listed on U.S. exchanges. This fund is particularly suitable for sophisticated investors with a bearish outlook on the market and a tolerance for higher risk, as it aims to profit from market declines in the broad-based large-cap category. By focusing on the large-cap space, SPXU provides a tactical tool for hedging or speculative purposes within a broader investment portfolio. Engaging with SPXU requires a keen awareness of market trends and an understanding of leveraged inverse products, making it an intriguing option for those adept in navigating the complexities of market volatility.
Asset Class
Equity
Region
North America
Issuer
ProShares
Index Tracked
S&P 500
Ticker Symbol
SPXU
ProShares UltraPro Short S&P500 (SPXU) Fund Flow Chart
ProShares UltraPro Short S&P500 (SPXU) 1 year Net Flows: 2B
SPXU ETF FAQ
What was SPXU’s price range in the past 12 months?
SPXU lowest ETF price was 20.00 and its highest was 41.45 in the past 12 months.
What is the AUM of SPXU?
As of Jan 28, 2025 The AUM of SPXU is 452.73M.
Is SPXU overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does SPXU pay dividends?
SPXU pays a Quarterly dividend of 0.481 which represents an annual dividend yield of 10.27%. See more information on SPXU dividends here
How many shares outstanding does SPXU have?
SPXU has 21,538,887 shares outstanding.
Which hedge fund is a major shareholder of SPXU?
Among the largest hedge funds holding SPXU’s share is Asset Planning Services Inc /La/ /Adv. It holds SPXU’s shares valued at 0.