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Upturn AI SWOT - About
ProShares UltraShort SmallCap600 (SDD)
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Upturn Advisory Summary
04/01/2025: SDD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -44.99% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 5274 | Beta -2.26 | 52 Weeks Range 12.46 - 19.85 | Updated Date 04/2/2025 |
52 Weeks Range 12.46 - 19.85 | Updated Date 04/2/2025 |
Upturn AI SWOT
ProShares UltraShort SmallCap600
ETF Overview
Overview
ProShares UltraShort SmallCap600 (SDD) seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P SmallCap 600 Index. It provides leveraged inverse exposure to small-cap stocks.
Reputation and Reliability
ProShares is a well-known issuer specializing in leveraged and inverse ETFs, known for its innovative products.
Management Expertise
ProShares has a dedicated management team with expertise in creating and managing complex ETFs.
Investment Objective
Goal
To seek daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P SmallCap 600 Index.
Investment Approach and Strategy
Strategy: The ETF employs a leveraged inverse strategy, using financial instruments like swaps to achieve its -2x daily return target.
Composition The ETF's assets primarily consist of swap agreements and other derivative instruments designed to replicate the inverse leveraged performance of the S&P SmallCap 600 Index.
Market Position
Market Share: SDD holds a portion of the inverse small-cap ETF market, but its specific market share fluctuates with market conditions and competitor performance.
Total Net Assets (AUM): 33990000
Competitors
Key Competitors
- SDS
- SH
- SPXS
Competitive Landscape
The competitive landscape includes other inverse and leveraged ETFs tracking various indexes. SDD offers a specific focus on small-cap stocks, which is both an advantage (for targeted exposure) and a disadvantage (if small-caps underperform). SDDu2019s leveraged inverse strategy makes it more volatile than non-leveraged competitors.
Financial Performance
Historical Performance: Due to the leveraged and inverse nature, historical performance is highly dependent on the S&P SmallCap 600 Index's movements and is not suitable for long-term trend analysis.
Benchmark Comparison: The ETF should be compared to its stated benchmark which is two times the inverse of the daily performance of S&P SmallCap 600 Index to gauge its effectiveness.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
SDD typically exhibits moderate trading volume, providing sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread can widen during periods of high volatility or low trading volume.
Market Dynamics
Market Environment Factors
Economic indicators affecting small-cap companies, overall market sentiment, and interest rate changes significantly influence SDD's performance.
Growth Trajectory
SDD's growth trajectory is directly linked to investor demand for shorting small-cap stocks, driven by expectations of a downturn.
Moat and Competitive Advantages
Competitive Edge
SDDu2019s competitive advantages is providing a leveraged inverse exposure specifically to the small-cap S&P 600 index. The ETF meets the need for investors to gain short-term, magnified, inverse exposure to small-cap stocks. It enables sophisticated traders to execute bearish strategies on small-cap market segment with leverage. Due to its focused approach itu2019s not appropriate for general investment or hedging. However it allows strategic investors to profit from declines and market corrections specifically for small-cap stock.
Risk Analysis
Volatility
SDD exhibits high volatility due to its leveraged and inverse nature, making it prone to significant price swings.
Market Risk
SDD is exposed to market risk related to the performance of small-cap stocks; if small-caps perform well, SDD will likely decline significantly due to its inverse nature.
Investor Profile
Ideal Investor Profile
SDD is suitable for sophisticated, short-term traders who understand the risks associated with leveraged and inverse ETFs and have a bearish outlook on small-cap stocks.
Market Risk
SDD is best suited for active traders seeking short-term tactical positions, not for long-term investors or passive index followers.
Summary
ProShares UltraShort SmallCap600 (SDD) is a leveraged inverse ETF designed to provide two times the inverse of the daily performance of the S&P SmallCap 600 Index. SDD is most appropriate for sophisticated, short-term traders seeking bearish exposure to small-cap stocks and is not designed for long-term investment. The ETF's performance is highly volatile and dependent on the daily movements of the S&P SmallCap 600 Index. Due to its leveraged nature, it's crucial for investors to understand and manage the associated risks carefully.
Similar Companies
- SRTY
- TZA
- SSO
- SMDD
- SQQQ
- SPXS
Sources and Disclaimers
Data Sources:
- ProShares website
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Leveraged and inverse ETFs are not suitable for all investors.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares UltraShort SmallCap600
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of small-cap companies listed and domiciled in the U.S. The fund is non-diversified.
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