SH
ProShares Short S&P500
The ProShares Short S&P 500 ETF provides inverse exposure to a market-cap-weighted index of 500 large- and mid-cap US firms selected by the S&P Index Committee.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
1.0 B
ASSETS UNDER MGMT
88 bp
EXPENSES
Fund Basics
| Fund sponsor | ProShares |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 19, 2006 |
| Assets (mns) | $1,100 |
| Expense ratio | 88 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 06/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -6.4% | -13.1% | -15.5% | -15.6% | -15.0% | -13.6% | -- | -12.9% |
| Dividend Yield | 1.7% | 4.2% | 4.6% | 3.7% | 2.2% | 1.4% | -- | 1.7% |
| Total Returns | -4.7% | -8.9% | -10.9% | -11.9% | -12.8% | -12.2% | -- | -11.2% | Ann. Volatility | 24.3% | 19.7% | 16.0% | 17.2% | 17.3% | 18.4% | -- | 19.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -0.97 | 99% |
| MSCI EAFE | -0.68 | 52% |
| MSCI Emg Mkts | -0.49 | 28% |
Liquidity Measures
| Avg. volume (000) | 4,691 |
| ADV traded (mns) | $184 |
| Turnover | 17.6% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| Recent close | $39.22 |
| 30d moving avg. | $40.44 |
| Annualized volatility | 15.6% |
| Relative strength (RSI) | 39 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| SH (88 bp) Percentile rank | 90 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SH | 88.0 | 7.1 | 95.1 |
| Peer Avg. | 49.0 | 19.8 | 68.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .