ProShares UltraShort Semiconductors (SSG) is a distinctive exchange-traded fund (ETF) designed to cater to sophisticated investors seeking to capitalize on market downturns within the semiconductor sector. As a leveraged inverse ETF, SSG aims to deliver twice the inverse of the daily performance of the Dow Jones U.S. Semiconductors Index, making it a powerful tool for those looking to hedge against declines or profit from bearish trends in semiconductor stocks. Situated within the broader Information Technology category, this ETF provides a niche focus on semiconductors, a vital industry driving innovations in computing, consumer electronics, and telecommunications. The fund employs derivatives and other financial instruments to achieve its objectives, offering an aggressive strategy for investors with a high risk tolerance. With its targeted approach, ProShares UltraShort Semiconductors is ideal for tactical traders and those with a deep understanding of market dynamics, seeking to navigate and exploit the volatility inherent in the fast-evolving semiconductor landscape.
Asset Class
Equity
Region
North America
Issuer
ProShares
Index Tracked
DJ Global United States (All) / Semiconductors -SUB
Ticker Symbol
SSG
Proshares Ultrashort Semiconductors (SSG) Fund Flow Chart
Proshares Ultrashort Semiconductors (SSG) 1 year Net Flows: 54M
SSG ETF FAQ
What was SSG’s price range in the past 12 months?
SSG lowest ETF price was 21.90 and its highest was 106.25 in the past 12 months.
What is the AUM of SSG?
As of Jan 28, 2025 The AUM of SSG is 6.98M.
Is SSG overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does SSG pay dividends?
SSG pays a Quarterly dividend of 0.469 which represents an annual dividend yield of 2.77%. See more information on SSG dividends here
How many shares outstanding does SSG have?
SSG has 274,150 shares outstanding.
Which hedge fund is a major shareholder of SSG?
Currently, no hedge funds are holding shares in SSG