SDP

📎 Investment Objective

The ProShares UltraShort Utilities ETF (SDP) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Dow Jones U.S. Utilities Index.

✨ Key Features

• Provides -2x daily leveraged exposure to the Dow Jones U.S. Utilities Index
• Designed for short-term, tactical trading rather than long-term buy-and-hold investing
• Utilizes derivatives to achieve its leveraged investment objective
• Expense ratio of 0.00%

⚠️ Primary Risks

• Magnified losses: The fund's use of leverage can result in significantly greater losses compared to the underlying index performance
• Volatility risk: Leveraged funds can experience higher volatility and price swings than the underlying index
• Tracking error risk: The fund may not perfectly track the inverse performance of the underlying index due to the use of derivatives and other factors
• Liquidity risk: The fund may have limited liquidity, especially during periods of market stress

👤 Best For

This ETF is designed for experienced, sophisticated investors who have a high risk tolerance and are seeking to make short-term, speculative bets against the utilities sector. It is not suitable for long-term, buy-and-hold investors or those with a low risk appetite.