ProShares UltraShort SmallCap600 (SDD)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
8.38 USD
+0.11
(1.333%)
⇧
(Aug. 28, 2026, 9:30 a.m.
EDT)
After hours: 8.38 |
Hot Take ↕ | Aug. 22, 2026, 5:30 a.m. EDT
This instrument represents a catastrophic long-term failure disguised by a mechanical dividend yield. The underlying business quality has completely evaporated, evidenced by a brutal nine-year trajectory where the price has collapsed nearly 94% from its peak. The most damning indicator is the relentless six-year streak of negative annual returns ending at the latest anchor; this is not a temporary downturn but a structural implosion of the asset class it tracks. While the current yield sits at 6.3%, this is a phantom yield generated by the denominator shrinking as the share price crumbles, not by robust cash generation. The recent price action shows a fragile, sideways bounce off lows, but the statistical forecast leans negative, and the options market offers no contrarian hope. For a leveraged inverse ETF, this is a death spiral where the compounding drag of daily rebalancing combined with a non-recovering underlying index makes recovery mathematically improbable without a massive, sustained rally in small-caps that hasn't happened in years. Avoid. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.017951 |
| MSTL | 0.018177 |
| AutoETS | 0.018918 |
| AutoTheta | 0.021344 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 2.32 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.366 |
| Excess Kurtosis | -0.70 |
As of Aug. 22, 2026, 5:30 a.m. EDT: Options activity is virtually dormant with negligible volume and open interest across all expirations. The implied volatility is extremely low, indicating a lack of speculative positioning or hedging demand. The sparse open interest in out-of-the-money puts suggests no active protection buying against further declines, while the absence of call activity confirms a lack of bullish bets.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.17% | 4.67% | 4.09% | 2.76% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-24 | 0.099 | 1.170213 |
| 2026-03-25 | 0.082 | 0.716157 |
| 2025-12-24 | 0.189 | 1.589571 |
| 2025-09-24 | 0.157 | 1.190296 |
| 2025-06-25 | 0.148 | 0.913017 |
| 2025-03-26 | 0.139 | 0.788429 |
| 2024-12-23 | 0.176 | 1.161716 |
| 2024-09-25 | 0.205 | 1.290120 |
| 2024-06-26 | 0.166 | 0.856553 |
| 2024-03-20 | 0.118 | 0.639220 |
| 2023-12-20 | 0.237 | 1.233091 |
| 2023-09-20 | 0.176 | 0.724280 |
| 2023-06-21 | 0.161 | 0.696066 |
| 2023-03-22 | 0.134 | 0.516577 |
| 2022-12-22 | 0.085 | 0.324799 |
| 2019-12-24 | 0.112 | 0.126013 |
| 2019-09-25 | 0.280 | 0.274725 |
| 2019-06-25 | 0.360 | 0.315789 |
| 2019-03-20 | 0.320 | 0.285510 |
| 2018-12-26 | 0.328 | 0.225771 |
| 2018-09-26 | 0.312 | 0.335052 |
| 2018-06-20 | 0.104 | 0.107884 |
| 2008-12-23 | 3683.968 | 40.708630 |
| 2008-09-24 | 6.784 | 0.076193 |
| 2008-06-24 | 21.120 | 0.226804 |
| 2008-03-25 | 58.112 | 0.607927 |
| 2007-12-20 | 34.304 | 0.383899 |
| 2007-09-25 | 82.176 | 1.020668 |
| 2007-06-26 | 91.392 | 1.142400 |
| Attribute | Value |
|---|---|
| All Time High | 22,955.52 |
| All Time Low | 7.79 |
| Ask | 8.38 |
| Ask Size | 900 |
| Average Daily Volume10 Day | 1,930 |
| Average Daily Volume3 Month | 1,788 |
| Average Volume | 1,788 |
| Average Volume10Days | 1,930 |
| Beta3 Year | -2.08 |
| Bid | 8.13 |
| Bid Size | 400 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.3802 |
| Day Low | 8.3802 |
| Dividend Yield | 6.3 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.2344 |
| Fifty Day Average Change | 0.14580059 |
| Fifty Day Average Change Percent | 0.01770628 |
| Fifty Two Week Change Percent | -38.787437 |
| Fifty Two Week High | 14.68 |
| Fifty Two Week High Change | -6.2998 |
| Fifty Two Week High Change Percent | -0.42914167 |
| Fifty Two Week Low | 7.79 |
| Fifty Two Week Low Change | 0.5902004 |
| Fifty Two Week Low Change Percent | 0.07576385 |
| Fifty Two Week Range | 7.79 - 14.68 |
| First Trade Date Milliseconds | 1,169,735,400,000 |
| Five Year Average Return | -0.1662908 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.1102 |
| Fullday Change Percent | 1.33253 |
| Fullday Price | 8.3802 |
| 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 ProShare Advisors believes, in combination, should produce daily returns consistent with the 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 leveraged 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 UltraShort SmallCap600 |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_32336018 |
| Nav Price | 8.2471 |
| Net Assets | 1,372,408.0 |
| Net Expense Ratio | 0.95 |
| Open | 8.16 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 8.3802 |
| Post Market Time | 1,787,955,300 |
| Previous Close | 8.27 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.1102 |
| Regular Market Change Percent | 1.33253 |
| Regular Market Day High | 8.3802 |
| Regular Market Day Low | 8.3802 |
| Regular Market Day Range | 8.3802 - 8.3802 |
| Regular Market Open | 8.16 |
| Regular Market Previous Close | 8.27 |
| Regular Market Price | 8.3802 |
| Regular Market Time | 1,787,923,800 |
| Regular Market Volume | 191 |
| Short Name | ProShares UltraShort SmallCap60 |
| Source Interval | 15 |
| Symbol | SDD |
| Three Year Average Return | -0.2622984 |
| Total Assets | 1,372,408 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -10.84294 |
| Trailing Three Month Returns | -10.84294 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.3167 |
| Two Hundred Day Average Change | -1.9364996 |
| Two Hundred Day Average Change Percent | -0.18770534 |
| Type Disp | ETF |
| Volume | 191 |
| Yield | 0.063 |
| Ytd Return | -31.74955 |