The index is designed to measure the performance of utilities companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Frequently asked questions
What is the ProShares UltraShort Utilities (SDP) expense ratio?
The ProShares UltraShort Utilities funds expense ratio is 0.95%.
What is ProShares UltraShort Utilities (SDP) current stock price?
As of the latest data, ProShares UltraShort Utilities stock price is $24.10, with a previous close of $24.03. ProShares UltraShort Utilities gained $0.07 in the last trading session, representing a 0.29% increase.
Does ProShares UltraShort Utilities (SDP) pay dividends?
Yes. ProShares UltraShort Utilities pays quarterly dividends with an annualized yield of 3.71% and an estimated annual payout of $0.89 per share.