(SSO) ProShares Ultra S&P500 - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 8.213m USD | Total Return: 57.2% in 12m

Leveraged ETFs, Derivatives, Equity Swaps, Index Tracking
Total Rating 69
Safety 33
Buy Signal 0.36
Trading--Leveraged Equity
Category Rotation: -5.2
TER: 0.91%
AUM: 8.21B
Avg Turnover: 201M
Risk 3d forecast
Volatility20.6%
VaR 5th Pctl3.89%
VaR vs Median4.73%
Reward TTM
Sharpe Ratio1.86
Rel. Str. IBD77.8
Rel. Str. Peer Group45.5
Character TTM
Beta2.001
Beta Downside2.036
Hurst Exponent0.506
Drawdowns 3y
Max DD35.21%
CAGR/Max DD1.12
CAGR/Mean DD8.49

Warnings

No concerns identified

Tailwinds

Supp Ema8

Description: SSO ProShares Ultra S&P500

ProShares Ultra S&P500 (SSO) is a leveraged exchange-traded fund designed to provide daily investment results that correspond to two times (2x) the daily performance of the S&P 500 Index. The fund achieves this exposure by investing at least 80% of its assets in a combination of equity securities and financial derivatives, such as swap agreements and futures contracts. The S&P 500 Index serves as a float-adjusted market capitalization-weighted benchmark tracking 500 of the largest publicly traded companies in the United States.

As a leveraged ETF, SSO is classified as non-diversified and utilizes a daily rebalancing business model, which means its performance over periods longer than a single day can significantly deviate from the underlying index due to the effects of compounding. The fund belongs to the leveraged equity sector, where financial instruments are used to amplify market volatility for short-term tactical trading rather than long-term buy-and-hold strategies. Investors can evaluate these risk factors and historical performance metrics further on ValueRay. This fund provides concentrated exposure to large-cap U.S. equities across all major sectors, including technology, healthcare, and financial services.

Headlines to Watch Out For
  • S&P 500 price movement dictates daily leveraged returns for the fund
  • Short-term interest rates influence financing costs for swap agreement leverage
  • Daily rebalancing creates compounding decay during periods of high market volatility
  • Broad U.S. equity market sentiment drives underlying asset valuation and flows
  • Financial derivative counterparty risk impacts the funds ability to track benchmarks
What is the price of SSO shares?

As of May 29, 2026, the stock is trading at USD 69.12 with a total of 2,282,920 shares traded.
Over the past week, the price has changed by +3.49%, over one month by +11.84%, over three months by +19.41% and over the past year by +57.23%.

Is SSO a buy, sell or hold?

ProShares Ultra S&P500 has no consensus analysts rating.