ProShares UltraPro Short S&P500 (SPXU)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
36.44 USD
-0.40
(-1.086%) ⇩
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:28 a.m. EDT
This instrument is a high-risk, high-turnover vehicle designed for tactical hedging during equity downturns, not for long-term accumulation. The underlying index has suffered a catastrophic 99% decline over the last nine years, with the most recent three years showing continuous negative returns. While the 3x leverage structure amplifies gains during crashes, the compounding drag and the fact that the underlying asset is down nearly 100% mean the 'business' here is purely speculative timing of a rebound. The recent price action shows the fund trading near its 52-week lows, failing to recover from previous peaks. The dividend yield of 6.85% is misleading; it represents a return of capital rather than sustainable income, as the fund's assets are eroding rapidly. Options data confirms a bearish sentiment, with traders buying protection far below current prices while offering very little upside exposure. For a long-term investor, this is a value trap; for a trader, it requires precise timing of a market bottom. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.061948 |
| AutoTheta | 0.073437 |
| MSTL | 0.102222 |
| AutoETS | 0.116853 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 9.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.093 |
| Excess Kurtosis | -1.28 |
As of July 11, 2026, 3:28 a.m. EDT: Speculators are aggressively positioning for further declines, evidenced by massive open interest in deep out-of-the-money puts (strikes 30, 25, 80) and significant volume spikes in put writing at strikes 44 and 45. Call activity is sparse and concentrated near the money, with negligible open interest at distant strikes, indicating a lack of bullish conviction despite elevated implied volatility on short-dated calls.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.00% | 5.15% | 6.31% | 4.26% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-24 | 0.391 | 1.000768 |
| 2026-03-25 | 0.445 | 0.803249 |
| 2025-12-24 | 0.959 | 2.005437 |
| 2025-09-24 | 0.740 | 1.341552 |
| 2025-06-25 | 0.752 | 1.063348 |
| 2025-03-26 | 1.040 | 1.071281 |
| 2024-12-23 | 1.928 | 2.239777 |
| 2024-09-25 | 1.800 | 1.824078 |
| 2024-06-26 | 2.320 | 2.032235 |
| 2024-03-20 | 2.540 | 1.941896 |
| 2023-12-20 | 3.640 | 2.028986 |
| 2023-09-20 | 3.480 | 1.580381 |
| 2023-06-21 | 2.740 | 1.221034 |
| 2023-03-22 | 2.300 | 0.751634 |
| 2022-12-22 | 1.320 | 0.386191 |
| 2020-03-25 | 4.200 | 0.146546 |
| 2019-12-24 | 8.600 | 0.427223 |
| 2019-09-25 | 11.200 | 0.434445 |
| 2019-06-25 | 14.800 | 0.519663 |
| 2019-03-20 | 8.300 | 0.259862 |
| 2018-12-26 | 22.500 | 0.460405 |
| 2018-09-26 | 18.500 | 0.570284 |
| 2018-06-20 | 14.000 | 0.368421 |
| 2018-03-21 | 10.400 | 0.248804 |
| 2017-12-26 | 4.800 | 0.105914 |
| Attribute | Value |
|---|---|
| All Time High | 688,080.0 |
| All Time Low | 26.83 |
| Ask | 0.0 |
| Ask Size | 13,800 |
| Average Daily Volume10 Day | 7,411,110 |
| Average Daily Volume3 Month | 9,953,755 |
| Average Volume | 9,953,755 |
| Average Volume10Days | 7,411,110 |
| Beta3 Year | -2.75 |
| Bid | 0.0 |
| Bid Size | 6,100 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 36.8977 |
| Day Low | 36.24 |
| Dividend Yield | 6.85 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 38.2812 |
| Fifty Day Average Change | -1.8412018 |
| Fifty Day Average Change Percent | -0.04809676 |
| Fifty Two Week Change Percent | -44.350452 |
| Fifty Two Week High | 67.48 |
| Fifty Two Week High Change | -31.040005 |
| Fifty Two Week High Change Percent | -0.4599882 |
| Fifty Two Week Low | 35.82 |
| Fifty Two Week Low Change | 0.61999893 |
| Fifty Two Week Low Change Percent | 0.017308736 |
| Fifty Two Week Range | 35.82 - 67.48 |
| First Trade Date Milliseconds | 1,245,936,600,000 |
| Five Year Average Return | -0.33404148 |
| Full Exchange Name | NYSEArca |
| Fund Family | ProShares |
| Fund Inception Date | 1,245,715,200 |
| 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 the 500 largest 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 UltraPro Short S&P500 |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_60517215 |
| Nav Price | 36.4681 |
| Net Assets | 426,747,680.0 |
| Net Expense Ratio | 0.9 |
| Open | 36.59 |
| Pre Market Change | -0.26000214 |
| Pre Market Change Percent | -0.71331173 |
| Pre Market Price | 36.19 |
| Pre Market Time | 1,784,106,028 |
| Previous Close | 36.84 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.400002 |
| Regular Market Change Percent | -1.08578 |
| Regular Market Day High | 36.8977 |
| Regular Market Day Low | 36.24 |
| Regular Market Day Range | 36.24 - 36.8977 |
| Regular Market Open | 36.59 |
| Regular Market Previous Close | 36.84 |
| Regular Market Price | 36.44 |
| Regular Market Time | 1,784,059,200 |
| Regular Market Volume | 8,768,745 |
| Short Name | ProShares UltraPro Short S&P500 |
| Source Interval | 15 |
| Symbol | SPXU |
| Three Year Average Return | -0.4018206 |
| Total Assets | 426,747,680 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -34.06625 |
| Trailing Three Month Returns | -34.06625 |
| Triggerable | 1 |
| Two Hundred Day Average | 47.7513 |
| Two Hundred Day Average Change | -11.311302 |
| Two Hundred Day Average Change Percent | -0.23687945 |
| Type Disp | ETF |
| Volume | 8,768,745 |
| Yield | 0.0685 |
| Ytd Return | -24.28064 |