ProShares Short S&P 500 vs Other Investment Funds

If you're considering investing in the ProShares Short S&P 500, it's essential to understand how it compares to other investment funds.

This fund is designed to track the inverse performance of the S&P 500 Index, meaning it goes up when the S&P 500 goes down and vice versa.

One key difference between ProShares Short S&P 500 and other funds is its use of derivatives to achieve its investment objective.

The fund's expense ratio is 0.89%, which is lower than some other inverse ETFs on the market.

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ProShares Short S&P500 has some notable competitors in the short funds category.

The ProFunds Bear Fund Investor Class, for instance, has a 1-year performance of -14.34, which is significantly lower than the ProShares Short S&P500's -7.78.

AdvisorShares Ranger Equity Bear ETF takes the lead in terms of 1-year performance, with a whopping -15.01.

If you're considering ProShares Short S&P500, you might also want to look at the ProFunds - ProFund VP Bear, which has a 1-year performance of -13.87.

Here's a comparison of some of the top short funds:

The ProShares Short S&P 500 ETF is an inverse ETF that seeks to track the daily performance of the S&P 500 Index, but in the opposite direction. This means that if the S&P 500 Index goes up, the ProShares Short S&P 500 ETF will go down, and vice versa.

The ETF has a large market capitalization, with an asset under management of $941.79 million. It's also a regulated investment company, which means it's subject to certain rules and regulations.

The ProShares Short S&P 500 ETF is designed to track the S&P 500 Index, which is a benchmark for the overall US stock market. The ETF's portfolio managers, Michael Neches and Devin Sullivan, work to ensure that the fund's performance is aligned with the benchmark.

Here are some key statistics about the ProShares Short S&P 500 ETF:

The ProShares Short S&P 500 ETF has a relatively low expense ratio, which can help keep costs down for investors. It's also listed on the NYSE Arca, Inc. exchange, making it easily accessible to investors.

The ProShares Short ETFs have some impressive risk and performance metrics. The ProShares Short SP500 has a Risk Adjusted Performance of 0.023, which suggests it's doing a good job of managing risk.

The ProShares Short QQQ has a slightly lower Risk Adjusted Performance of 0.0128, but it's still a respectable number. Jensen Alpha, a measure of risk-adjusted return, is (0.01) for the ProShares Short QQQ, indicating it's not beating the market.

The Sortino Ratio, a measure of risk-adjusted return, is 0.0515 for the ProShares Short SP500 and 0.026 for the ProShares Short QQQ. This suggests that the ProShares Short SP500 is doing a better job of managing risk while still generating returns.

The S&P 500 Risk Profile is a crucial aspect of understanding the performance of this popular index.

Risk Adjusted Performance of the S&P 500 is 0.023.

This measure indicates how well the index performs relative to its risk.

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A higher value means the index is performing well compared to its level of risk.

The Jensen Alpha of the S&P 500 is 6.0E-4, indicating a relatively low level of risk-adjusted return.

This suggests that the index is not generating significant excess returns above its level of risk.

The Total Risk Alpha of the S&P 500 is 0.0405, indicating a moderate level of risk-adjusted return.

This suggests that the index is generating some excess returns above its level of risk, but not significantly.

The Sortino Ratio of the S&P 500 is 0.0515, indicating a relatively high level of risk-adjusted return.

This suggests that the index is generating significant excess returns above its level of risk.

The ProShares Short S&P 500 ETF seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P 500.

The fund has a total expense ratio of 0.88, with a management fee of 0.75. This means that for every $100 invested, $0.88 goes towards expenses and $0.75 goes towards management fees.

Broaden your view: Proshares Short S&p500

The fund has an asset under management of $941.79 million, with an average trading volume of 3.78 million.

Here are some of the funds that move together with the ProShares Short S&P 500 ETF, based on their pair correlation:

These funds all have a high pair correlation with the ProShares Short S&P 500 ETF, indicating that they tend to move together in the market.

The ProShares Short QQQ ETF is a regulated investment company that was launched in 2006. It's managed by ProShare Advisors LLC and has a total expense ratio of 0.99%.

The ETF tracks the NASDAQ-100 Index and has a large cap focus. It's an equity-based ETF with a market concentration in developed markets. The ProShares Short QQQ ETF is listed on the NYSE Arca, Inc. exchange and has a total of 53 constituents.

Here are some key statistics about the ETF:

The ETF is administered by J.P. Morgan Investor Services Co. and has a portfolio manager team of Michael Neches and Devin Sullivan.