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ETFs

ProShares UltraPro Short Dow 30

SDOW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 09 2010
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$136,718,305
AUM
$482,143,015
Associated Index
Dow Jones Industrial Average Index
Inverse/Leveraged
Inverse (-3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Derivatives offset
300.00%
n/a
Net Other Assets (Liabilities)
29.11%
n/a
TREASURY BILL
15.55%
n/a
TREASURY BILL
10.34%
n/a
TREASURY BILL
10.31%
n/a
TREASURY BILL
10.10%
n/a
TREASURY BILL
5.16%
n/a
TREASURY BILL
5.14%
n/a
TREASURY BILL
5.10%
n/a
TREASURY BILL
5.07%
Invest with SDOW

What is SDOW?

ProShares UltraPro Short Dow30 seeks daily investment results before fees and expenses that correspond to triple (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average Index.

ETFs related toSDOW

ETFs correlated to SDOW include DOG, DXD, SH

SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
DXD
ProShares Trust - ProShares UltraShort Dow 30-2X Shares
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares
FAZ
Direxion Shares ETF Trust - Direxion Daily Financial Bear 3x Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares
RWM
ProShares Trust - ProShares Short Russell2000 -1x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSDOW

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SDOW using Composer

FAQ

SDOW is a US Equities ETF. ProShares UltraPro Short Dow30 seeks daily investment results before fees and expenses that correspond to triple (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average Index.

SDOW tracks the Dow Jones Industrial Average Index.

No, SDOW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SDOW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SDOW is 0.0141%. This is the percent change in the value of SDOW over the most recent 1-month period. The 3-month return on SDOW is -0.0035%. This is the percent change in the value of SDOW over the most recent 3-month period.

The standard deviation of SDOW for the past year is 0.4386%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SDOW include SSO, TNA, and SPXL.

ETFs correlated to SDOW include DOG, DXD, and SH.

ETFs that are inversely correlated to SDOW include UDOW, DIA, and DDM.

Yes, SDOW is a Inverse (-3x) ETF: This means that SDOW will try to match the performance of Dow Jones Industrial Average Index, but with 3x the returns.

Yes, SDOW is a Inverse (-3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Dow Jones Industrial Average Index, but move 3x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.