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SCC

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

Analysis and statistics

  • Open
    16.4876$
  • Previous Close
    16.589$
  • 52 Week Change
    --
  • Day Range
    -0.10$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

SCC.US refers to the ProShares UltraShort Consumer Goods ETF. This ETF is designed to provide investment results that correspond to twice the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods Index. In essence, it aims to profit when the consumer goods sector, as represented by that index, declines in value.
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Factors

Underlying Asset Performance: SCC.US tracks an index. Its price closely reflects the combined performance of the securities within that index. If those companies do well, SCC.US typically rises.

Supply and Demand: High demand for SCC.US pushes its price up, while increased selling pressure leads to price declines. This is a fundamental market force.

Expense Ratio: Although indirect, a higher expense ratio can slowly erode returns, affecting the ETF's long-term performance compared to a similar lower-cost ETF.

Market Sentiment: Broad investor optimism or pessimism can influence buying and selling activity, impacting SCC.US regardless of specific underlying holdings.

Interest Rates: Interest rate changes can impact the valuation of companies within SCC.US's index, particularly those in sectors sensitive to borrowing costs.

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