These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.
Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes. Considerations for Geared Investing — Learn More. The figure reflects dividends and interest earned by the securities held by the fund during the most recent day period, net the fund's expenses.
Duration is a measurement of how long, in years, it takes for the price of a bond to be repaid by its internal cash flows. Modified duration accounts for changing interest rates. It measures the sensitivity of the value of a bond or bond portfolio to a change in interest rates. Higher duration means greater sensitivity. The weighted average maturity WAM of a portfolio is the average time, in years, it takes for the bonds in a bond fund or portfolio to mature.
WAM is calculated by weighting each bond's time to maturity by the size of the holding. Portfolios with longer WAMs are generally more sensitive to changes in interest rates.
Yield to maturity YTM is the annual rate of return paid on a bond if it is held until the maturity date. Weighted average yield to maturity represents an average of the YTM of each of the bonds held in a bond fund or portfolio, weighted by the relative size of each bond in the portfolio.
A coupon is the interest rate paid out on a bond on an annual basis. The weighted average coupon of a bond fund is arrived at by weighting the coupon of each bond by its relative size in the portfolio.
Weighted average price WAP is computed for most bond funds by weighting the price of each bond by its relative size in the portfolio. This statistic is expressed as a percentage of par face value.
The price shown here is "clean," meaning it does not reflect accrued interest. Monthly volatility refers to annualized standard deviation, a statistical measure that captures the variation of returns from their mean and that is often used to quantify the risk of a fund or index over a specific time period. The higher the volatility, the more the returns fluctuate over time.
Absolute return strategies seek to provide positive returns in a wide variety of market conditions. These strategies employ investment techniques that go beyond conventional long-only investing, including leverage, short selling, futures, options, etc.
Arbitrage refers to the simultaneous purchase and sale of an asset in order to profit from a difference in the price of identical or similar financial instruments, on different markets or in different forms. For example, convertible arbitrage looks for price differences among linked securities, like stocks and convertible bonds of the same company.
Merger arbitrage involves investing in securities of companies that are the subject of some form of corporate transaction, including acquisition or merger proposals and leveraged buyouts. Commodity refers to a basic good used in commerce that is interchangeable with other goods of the same type. Examples include oil, grain and livestock. Correlation is a statistical measure of how two variables relate to each other. Includes new analyst insights and classification data.
Information contained within the fact sheet is not guaranteed to be timely or accurate. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.
All rights reserved. ETF Prime Podcast. Category: Leveraged Equities. Last Updated: Nov 10, SDS Profile. Vitals Issuer ProShares. Brand ProShares. Analyst Report. Inverse Yes. Leveraged 2x. Asset Class Equity. Asset Class Size Large-Cap. Asset Class Style Blend. Region General North America. Region Specific U. Historical Trading Data 1 Month Avg.
Volume 18,, 3 Month Avg. Volume 19,, Dollar Concentration Analysis This section compares how balanced and deep this ETF is relative to its peers. SDS Valuation. FactSet Segment Average. SDS Dividend. View charts featuring ETF fund flow data. View charts that break down the influence that fund flows and price had on overall assets. Realtime Rating. Overall Rating. This section compares the cost efficiency of this ETF to its peers. Environmental Scores. Carbon Intensity. Fossil Fuel Reserves.
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