(SDS) ProShares UltraShort S&P500 - Overview
Etf: ETF, Inverse, Leveraged, Daily
Dividends
| Dividend Yield | 5.01% |
| Yield on Cost 5y | 0.74% |
| Yield CAGR 5y | 122.14% |
| Payout Consistency | 31.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 30.1% |
| Relative Tail Risk | -13.6% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.65 |
| Alpha | -6.28 |
| Character TTM | |
|---|---|
| Beta | -1.907 |
| Beta Downside | -1.919 |
| Drawdowns 3y | |
|---|---|
| Max DD | 65.67% |
| CAGR/Max DD | -0.41 |
Description: SDS ProShares UltraShort S&P500 December 28, 2025
ProShares UltraShort S&P 500 (NYSE ARCA: SDS) seeks to deliver daily returns that are approximately -2 times the performance of the S&P 500 Index by holding a mix of derivatives and short positions that together provide at least 80 % inverse leveraged exposure to the index. The fund is classified as an “inverse equity” ETF, is non-diversified, and is designed for short-term tactical trading rather than long-term buy-and-hold investing.
Key metrics and drivers to watch: the fund’s expense ratio is 0.89 % per year, and its average daily trading volume exceeds 10 million shares, indicating strong liquidity for intraday positioning. Because SDS resets its leverage daily, its performance diverges from a simple -2× multiple over longer horizons-a phenomenon amplified in volatile markets or when the S&P 500 trends sharply. Macro-level factors such as Federal Reserve policy, inflation expectations, and earnings cycles in the index’s heavyweight sectors (technology, consumer discretionary, and financials) materially affect the ETF’s day-to-day results.
For a deeper, data-driven analysis of SDS’s risk-adjusted returns and how it behaves in different market regimes, you might explore the ValueRay platform.
What is the price of SDS shares?
Over the past week, the price has changed by +1.34%, over one month by +0.04%, over three months by -1.78% and over the past year by -24.15%.
Is SDS a buy, sell or hold?
What are the forecasts/targets for the SDS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 54.8 | -18.3% |
SDS Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 330.5m USD (330.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 330.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 330.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -1.11% (negative - check inputs) (E(330.5m)/V(330.5m) * Re(-1.11%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)