SSG

ProShares UltraShort Semiconductors

$8.07
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

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

Overview

ETF tracking ProShares UltraShort Semiconductors

Category Leveraged
Issuer ProShares
Inception Date 2008-11-12
Market Cap N/A
Average Volume N/A
Dividend Yield 13.05%
52-Week Range $6.93 - $43.47
VWAP $8.18

Performance

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Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its investment objective. It aims to provide leveraged inverse exposure to the semiconductor industry.

✨ Key Features

  • Provides 2x inverse (short) exposure to the semiconductor industry
  • Designed for short-term trading and market timing strategies
  • Highly volatile and speculative in nature
  • Requires active monitoring and may not be suitable for long-term investors

⚠️ Primary Risks

  • Significant risk of loss due to the leveraged nature of the fund
  • Potential for large and sudden losses if the underlying index moves in an unfavorable direction
  • Tracking error risk, where the fund may not perfectly match the inverse performance of the index
  • Liquidity risk, as the fund may have limited trading volume and market maker support

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who have a short-term trading horizon and are seeking to capitalize on potential declines in the semiconductor industry. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.