ProShares Ultra SmallCap600 (SAA)
SAA is a passive ETF by ProShares tracking the investment results of the S&P SmallCap 600 Index (200%). SAA launched on Jan 25, 2007 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74347R8189 |
|---|---|
| CUSIP | 74347R818 |
| Issuer | ProShares |
| Inception Date | Jan 25, 2007 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 2x |
| Index Tracked | S&P SmallCap 600 Index (200%) |
| Home Page | www.proshares.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
SAA has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SAA vs. URTY, SAA vs. EFO, SAA vs. MVV, SAA vs. IJR, SAA vs. RWJ, SAA vs. VOO, SAA vs. TNA, SAA vs. VIOG, SAA vs. UMDD, SAA vs. VBR
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Ultra SmallCap600, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProShares Ultra SmallCap600 had a return of 20.01% year-to-date (YTD) and 50.44% in the last 12 months. Over the past 10 years, ProShares Ultra SmallCap600 had an annualized return of 11.79%, while the S&P 500 benchmark had an annualized return of 11.39%, indicating that ProShares Ultra SmallCap600 performed slightly bigger than the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 20.01% | 25.48% |
| 1 month | 9.89% | 2.14% |
| 6 months | 18.58% | 12.76% |
| 1 year | 50.44% | 33.14% |
| 5 years (annualized) | 8.51% | 13.96% |
| 10 years (annualized) | 11.79% | 11.39% |
Monthly Returns
The table below presents the monthly returns of SAA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -8.93% | 5.84% | 5.77% | -11.12% | 8.53% | -5.09% | 21.93% | -4.36% | 1.04% | -5.74% | 20.01% | ||
| 2023 | 18.73% | -2.90% | -11.45% | -6.13% | -4.09% | 15.99% | 10.21% | -8.78% | -12.15% | -12.05% | 16.07% | 26.21% | 21.32% |
| 2022 | -14.14% | 2.07% | -0.14% | -15.56% | 2.89% | -17.50% | 20.54% | -9.23% | -19.39% | 24.87% | 7.02% | -13.66% | -36.17% |
| 2021 | 13.14% | 15.37% | 5.37% | 3.44% | 3.72% | 0.62% | -5.63% | 3.77% | -4.99% | 6.68% | -5.08% | 8.50% | 51.77% |
| 2020 | -8.39% | -19.41% | -45.64% | 23.90% | 6.40% | 5.07% | 7.14% | 8.04% | -9.58% | 3.80% | 38.89% | 17.06% | -1.79% |
| 2019 | 22.14% | 8.55% | -7.18% | 7.43% | -17.42% | 15.03% | 1.85% | -9.98% | 6.63% | 3.08% | 6.46% | 5.68% | 42.39% |
| 2018 | 3.71% | -8.06% | 3.41% | 2.30% | 12.30% | 2.02% | 5.02% | 9.70% | -5.96% | -19.66% | 0.14% | -23.54% | -23.00% |
| 2017 | -2.03% | 5.34% | -2.26% | 3.37% | -6.71% | 6.28% | 0.99% | -7.36% | 18.57% | -0.12% | 4.31% | 3.72% | 23.94% |
| 2016 | -17.81% | 7.65% | 15.49% | 5.54% | -0.49% | -0.21% | 11.13% | 3.32% | 0.64% | -11.18% | 30.04% | 6.16% | 51.74% |
| 2015 | -7.11% | 12.91% | 2.24% | -4.80% | 3.11% | 2.13% | -2.02% | -11.03% | -8.10% | 14.41% | 4.85% | -8.64% | -5.61% |
| 2014 | -7.75% | 8.45% | 1.61% | -6.89% | 0.70% | 9.72% | -11.02% | 7.47% | -8.88% | 12.55% | 0.16% | 4.84% | 7.70% |
| 2013 | 11.74% | 2.44% | 8.77% | -0.97% | 9.09% | -1.74% | 15.14% | -4.88% | 12.03% | 7.56% | 8.92% | 2.15% | 94.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SAA is 48, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Ultra SmallCap600 (SAA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares Ultra SmallCap600 provided a 1.09% dividend yield over the last twelve months, with an annual payout of $0.32 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.22 | $0.10 | $0.00 | $0.01 | $0.08 | $0.04 | $0.00 | $0.07 |
Dividend yield | 1.09% | 0.87% | 0.46% | 0.00% | 0.03% | 0.35% | 0.27% | 0.00% | 0.41% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Ultra SmallCap600. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.22 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2019 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.08 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Ultra SmallCap600. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares Ultra SmallCap600 was 87.40%, occurring on Mar 9, 2009. Recovery took 1088 trading sessions.
The current ProShares Ultra SmallCap600 drawdown is 15.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -87.4% | Jun 5, 2007 | 444 | Mar 9, 2009 | 1088 | Jul 9, 2013 | 1532 |
| -74.54% | Sep 4, 2018 | 379 | Mar 23, 2020 | 221 | Feb 5, 2021 | 600 |
| -53.71% | Nov 8, 2021 | 496 | Oct 27, 2023 | — | — | — |
| -37.45% | Jun 23, 2015 | 130 | Feb 11, 2016 | 98 | Aug 15, 2016 | 228 |
| -22.75% | Jul 2, 2014 | 65 | Oct 13, 2014 | 47 | Dec 24, 2014 | 112 |
Volatility
Volatility Chart
The current ProShares Ultra SmallCap600 volatility is 15.10%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.