Key stats
About UltraPro Short Dow30
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Inception date
Feb 11, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SDOW is an aggressive, 1-day bet against the Dow Jones Industrial Averageperhaps the most famous index in the world. The DJIA overweights on industrials relative to our large-cap benchmark, and underweights technology. In particular, SDOW represents a bet against a narrow basket of firms rather than the large-cap market as a whole. The fund is designed to deliver 3x the inverse performance of the 30 firms in the DJIA, weighted by price. This geared inverse exposure is daily, and anyone holding for longer than a day will be exposed to impacts of compounding, whichespecially in a 3x geared productwill prevent the fund from delivering its promised exposure over extended periods. Investors who don't have the expertise or knowledge needed to true-up their exposure every day should either avoid SDOW or hold it for its prescribed 1-day holding period. The fund's expense ratio matters less than all in trading costs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government62.80%
Cash37.20%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history