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PPSIX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

The ProShares Short S&P 500 (SH) is an exchange-traded fund (ETF) designed to deliver the inverse of the daily performance of the S&P 500 index. PPSIX.US is an internal reference for the fund within certain trading or data systems, often seen alongside the primary ticker symbol SH. Investors use this ETF to potentially profit from a decline in the S&P 500 or to hedge against market downturns. It's crucial to understand that due to its daily reset, the fund's performance over periods longer than one day can deviate significantly from a simple inverse relationship to the S&P 500.
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Factors

Economy: Broad economic conditions such as GDP growth, inflation, and interest rates influence investor sentiment and market valuations.

Market Volatility: Increased market uncertainty can lead to fluctuations in PPSIX.US's price, especially during periods of economic or political instability.

Bond Yields: As a fund with fixed-income holdings, changes in overall bond yields directly impact its net asset value (NAV) and price.

Credit Spreads: Widening credit spreads signal increased risk aversion, potentially lowering the value of PPSIX.US's fixed-income assets.

Fund Flows: Large inflows or outflows can impact the fund's ability to manage its portfolio effectively, potentially affecting its price.

Investor Sentiment: General investor attitudes toward risk and specific sectors held by PPSIX.US influence demand and price.

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