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ETFs

ProShares Short Financials

SEF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 10 2008
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$627,253
AUM
$27,737,384
Associated Index
S&P Financial Select Sector Index
Inverse/Leveraged
Inverse (-1)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
100.00%
n/a
Derivatives offset
99.77%
Invest with SEF

What is SEF?

ProShares Short Financials seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P Financial Select Sector Index.

ETFs related toSEF

ETFs correlated to SEF include FAZ, DOG, BNKD

SEF
ProShares Trust - ProShares Short Financials -1x Shares
FAZ
Direxion Shares ETF Trust - Direxion Daily Financial Bear 3x Shares
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
BNKD
Bank of Montreal - MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs
SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares
DXD
ProShares Trust - ProShares UltraShort Dow 30-2X Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares
RWM
ProShares Trust - ProShares Short Russell2000 -1x Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares
SRTY
ProShares Trust - ProShares UltraPro Short Russell2000 -3x Shares
SH
ProShares Trust - ProShares Short S&P500 -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 toSEF

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SEF using Composer

FAQ

SEF is a US Equities ETF. ProShares Short Financials seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P Financial Select Sector Index.

SEF tracks the S&P Financial Select Sector Index.

No, SEF 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, SEF 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 SEF is 0.0051%. This is the percent change in the value of SEF over the most recent 1-month period. The 3-month return on SEF is -0.0192%. This is the percent change in the value of SEF over the most recent 3-month period.

The standard deviation of SEF for the past year is 0.1889%. 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 SEF include UYG, SKF, and SSO.

ETFs correlated to SEF include FAZ, DOG, and BNKD.

ETFs that are inversely correlated to SEF include FAS, XLF, and IYF.

Yes, SEF is a Inverse (-1) ETF: This means that SEF will try to match the performance of S&P Financial Select Sector Index, but with 1x the returns.

Yes, SEF is a Inverse (-1) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of S&P Financial Select Sector Index, but move 1x in the opposite direction.

Disclaimers

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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.