ProShares Short S&P500 (SH)
SH is a passive ETF by ProShares tracking the investment results of the S&P 500 (-100%). SH launched on Jun 19, 2006 and has a 0.90% expense ratio.
ETF Info
| ISIN | US74347B4251 |
|---|---|
| CUSIP | 74347B425 |
| Issuer | ProShares |
| Inception Date | Jun 19, 2006 |
| Region | North America (U.S.) |
| Category | Inverse Equities |
| Index Tracked | S&P 500 (-100%) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The ProShares Short S&P500 has a high expense ratio of 0.90%, 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: SH vs. SDS, SH vs. SPY, SH vs. IVOL, SH vs. SQQQ, SH vs. FR, SH vs. SPDN, SH vs. DXJS, SH vs. SCHD, SH vs. SVOL, SH vs. SCHK
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Short S&P500, 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 Short S&P500 had a return of -3.65% year-to-date (YTD) and -12.26% in the last 12 months. Over the past 10 years, ProShares Short S&P500 had an annualized return of -12.14%, while the S&P 500 had an annualized return of 10.50%, indicating that ProShares Short S&P500 did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.65% | 5.90% |
| 1 month | 2.01% | -1.28% |
| 6 months | -10.44% | 15.51% |
| 1 year | -12.26% | 21.68% |
| 5 years (annualized) | -13.15% | 11.74% |
| 10 years (annualized) | -12.14% | 10.50% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.00% | -4.28% | -2.52% | |||||||||
| 2023 | 5.64% | 2.83% | -7.80% | -3.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
ProShares Short S&P500(SH)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Short S&P500 (SH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares Short S&P500 granted a 5.80% dividend yield in the last twelve months. The annual payout for that period amounted to $0.72 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.70 | $0.05 | $0.00 | $0.03 | $0.42 | $0.32 | $0.02 |
Dividend yield | 5.80% | 5.37% | 0.32% | 0.00% | 0.16% | 1.76% | 1.01% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Short S&P500. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.14 | |||||||||
| 2023 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 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 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 |
| 2018 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 |
| 2017 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Short S&P500. 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 Short S&P500 was 93.02%, occurring on Mar 27, 2024. The portfolio has not yet recovered.
The current ProShares Short S&P500 drawdown is 92.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.02% | Mar 10, 2009 | 3789 | Mar 27, 2024 | — | — | — |
| -22.07% | Nov 21, 2008 | 30 | Jan 6, 2009 | 37 | Mar 2, 2009 | 67 |
| -17.15% | Oct 28, 2008 | 6 | Nov 4, 2008 | 11 | Nov 19, 2008 | 17 |
| -15.21% | Jul 18, 2006 | 310 | Oct 9, 2007 | 70 | Jan 18, 2008 | 380 |
| -11.46% | Mar 11, 2008 | 49 | May 19, 2008 | 32 | Jul 3, 2008 | 81 |
Volatility
Volatility Chart
The current ProShares Short S&P500 volatility is 3.32%, 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.