ProShares UltraShort Bitcoin ETF (SBIT)
44.98
+0.35
(+0.78%)
USD |
NYSEARCA |
May 07, 16:00
46.00
+1.02
(+2.27%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.95% | 0.13% | 10.73M | -- |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0.06% | -- | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Galaxy Bitcoin Index. The index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. Under normal circumstances, the fund will invest at least 80% of the fund’s assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Digital Assets |
| Category Index | -- |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Specialty - Unaligned |
| Fund Owner Firm Name | ProShares |
| Prospectus Benchmark Index | |
| Bloomberg Bitcoin USD | -200.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Alexander Ilyasov | 0.08 yrs |
| George Banian | 0.08 yrs |
Performance Versus Category
As of May 07, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 07, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Galaxy Bitcoin Index. The index is designed to measure the performance of a single bitcoin traded in USD and seeks to provide a proxy for the bitcoin market. Under normal circumstances, the fund will invest at least 80% of the fund’s assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Digital Assets |
| Category Index | -- |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Specialty - Unaligned |
| Fund Owner Firm Name | ProShares |
| Prospectus Benchmark Index | |
| Bloomberg Bitcoin USD | -200.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Alexander Ilyasov | 0.08 yrs |
| George Banian | 0.08 yrs |