ProShares Short SmallCap600 (SBB)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
22.58 USD
+0.12
(0.553%)
⇧
(July 13, 2026, 1:12 p.m.
EDT)
After hours: 22.58 +0.07 (0.307%) ⇧ (July 13, 2026, 4:04 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:07 a.m. EDT
This instrument is a leveraged short ETF tracking the SmallCap 600, meaning its performance is entirely dependent on the underlying index crashing. The data confirms a catastrophic long-term failure: the asset has lost nearly 68% of its value over the last nine years, with the most recent three years showing consecutive declines. This is not a value opportunity; it is a structural decline where the market has correctly priced in a deteriorating business environment for small-cap equities. While the headline yield appears attractive at 3.8%, this is an illusion created by the asset's collapse; the payout ratio is unsustainable as the fund erodes capital to maintain distributions. Short-term momentum is flat to slightly negative, offering no immediate relief, and the statistical forecast predicts further downside. Investors should avoid this security entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.017564 |
| MSTL | 0.028866 |
| AutoARIMA | 0.031225 |
| AutoETS | 0.031792 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 62% |
| H-stat | 4.96 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.351 |
| Excess Kurtosis | -0.13 |
| Attribute | Value |
|---|---|
| Forward P/E | -1128.95 |
As of July 11, 2026, 3:07 a.m. EDT: Speculator positioning is negligible and contradictory. The July expiration shows almost no open interest, while the November expiration displays massive in-the-money volume at deep strikes, suggesting a speculative bet on extreme downside rather than a standard hedging strategy. Implied volatility is effectively zero for the longer term, indicating a lack of pricing for future uncertainty.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.91% | 3.25% | 4.11% | 2.78% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-24 | 0.207 | 0.913504 |
| 2026-03-25 | 0.150 | 0.569909 |
| 2025-12-24 | 0.234 | 0.879699 |
| 2025-09-24 | 0.246 | 0.884256 |
| 2025-06-25 | 0.224 | 0.729642 |
| 2025-03-26 | 0.238 | 0.755556 |
| 2024-12-23 | 0.496 | 1.704467 |
| 2024-09-25 | 0.330 | 1.108871 |
| 2024-06-26 | 0.376 | 1.149144 |
| 2024-03-20 | 0.222 | 0.693750 |
| 2023-12-20 | 0.546 | 1.680000 |
| 2023-09-20 | 0.468 | 1.275900 |
| 2023-06-21 | 0.246 | 0.689849 |
| 2023-03-22 | 0.216 | 0.575386 |
| 2022-12-22 | 0.116 | 0.310659 |
| 2020-03-25 | 0.020 | 0.023491 |
| 2019-12-24 | 0.104 | 0.174321 |
| 2019-09-25 | 0.206 | 0.323492 |
| 2019-06-25 | 0.236 | 0.351924 |
| 2019-03-20 | 0.172 | 0.259662 |
| 2018-12-26 | 0.126 | 0.167331 |
| 2008-12-23 | 258.376 | 53.720893 |
| 2008-09-24 | 1.264 | 0.217901 |
| 2008-06-24 | 1.752 | 0.299508 |
| 2008-03-25 | 2.496 | 0.421907 |
| 2007-12-20 | 5.784 | 1.017880 |
| 2007-09-25 | 5.648 | 1.055780 |
| 2007-06-26 | 9.752 | 1.841946 |
| Attribute | Value |
|---|---|
| All Time High | 1,090.88 |
| All Time Low | 14.96 |
| Ask | 22.67 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 1,080 |
| Average Daily Volume3 Month | 2,267 |
| Average Volume | 2,267 |
| Average Volume10Days | 1,080 |
| Beta3 Year | -1.06 |
| Bid | 22.54 |
| Bid Size | 700 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 22.579 |
| Day Low | 22.51 |
| Dividend Yield | 3.8 |
| Eps Forward | -0.02 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.4534 |
| Fifty Day Average Change | -0.8743992 |
| Fifty Day Average Change Percent | -0.037282407 |
| Fifty Two Week Change Percent | -23.274094 |
| Fifty Two Week High | 30.96 |
| Fifty Two Week High Change | -8.380999 |
| Fifty Two Week High Change Percent | -0.2707041 |
| Fifty Two Week Low | 21.91 |
| Fifty Two Week Low Change | 0.6690006 |
| Fifty Two Week Low Change Percent | 0.03053403 |
| Fifty Two Week Range | 21.91 - 30.96 |
| First Trade Date Milliseconds | 1,169,735,400,000 |
| Five Year Average Return | -0.057652898 |
| Forward P E | -1,128.9501 |
| Full Exchange Name | NYSEArca |
| Fund Family | ProShares |
| Fund Inception Date | 1,169,510,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that the advisor believes, in combination, should produce daily returns consistent with Daily Target. The index is designed to measure the performance of small-cap companies listed and domiciled in the U.S. Under normal circumstances, the fund will obtain inverse 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. |
| Long Name | ProShares Short SmallCap600 |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_32335921 |
| Nav Price | 22.5051 |
| Net Assets | 3,348,781.0 |
| Net Expense Ratio | 0.95 |
| Open | 22.56 |
| Post Market Change | 0.069000244 |
| Post Market Change Percent | 0.30653152 |
| Post Market Price | 22.579 |
| Post Market Time | 1,783,973,093 |
| Previous Close | 22.4548 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.124201 |
| Regular Market Change Percent | 0.553115 |
| Regular Market Day High | 22.579 |
| Regular Market Day Low | 22.51 |
| Regular Market Day Range | 22.51 - 22.579 |
| Regular Market Open | 22.56 |
| Regular Market Previous Close | 22.4548 |
| Regular Market Price | 22.579 |
| Regular Market Time | 1,783,962,720 |
| Regular Market Volume | 352 |
| Short Name | ProShares Short SmallCap600 |
| Source Interval | 15 |
| Symbol | SBB |
| Three Year Average Return | -0.107428595 |
| Total Assets | 3,348,781 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -15.68095 |
| Trailing Three Month Returns | -15.68095 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.82145 |
| Two Hundred Day Average Change | -3.2424488 |
| Two Hundred Day Average Change Percent | -0.1255719 |
| Type Disp | ETF |
| Volume | 352 |
| Yield | 0.038 |
| Ytd Return | -17.96472 |