Ultrashort S&P 500 ETF - ProShares
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About Ultrashort S&P 500 ETF - ProShares
ProShares Trust - ProShares UltraShort S&P500 is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. The fund seeks to track -2x the daily performance of the S&P 500 Index. ProShares Trust - ProShares UltraShort S&P500 was formed on July 11, 2006 and is domiciled in the United States.
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