SDP, NYSE

ProShares UltraShort Utilities (SDP)

Price (as of October 14)

14.03USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

ACTV

LeaderShares Activist Leaders ETF

-0.13

AMNA

ETRACS Alerian Midstream Energy Index ETN

-0.09

AGOV

ETC Gavekal Asia Pacific Government Bond ETF

-0.09

ALTL

Pacer Lunt Large Cap Alternator ETF

-0.09

AMAX

RH Hedged Multi-Asset Income ETF

-0.08

ACIO

ETF Series Solutions Aptus Collared Income Opportunity ETF

-0.06

ACSI

American Customer Satisfaction ETF

-0.04

AAAU

Goldman Sachs Physical Gold ETF

-0.04

AMOM

QRAFT AI Enhanced U.S. Large Cap Momentum ETF

-0.04

AGZ

iShares Agency Bond ETF

-0.04

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Highest within Industry

Symbol Correlation

AFLG

First Trust Active Factor Large Cap ETF

0.14

AESR

Anfield U.S. Equity Sector Rotation ETF

0.13

AFMC

FIRST TRUST ACTIVE FACTOR MID CAP ETF

0.13

AFSM

FIRST TRUST ACTIVE FACTOR SMALL CAP ETF

0.11

AEMB

American Century Emerging Markets Bond ETF

0.1

AIEQ

AI Powered Equity ETF

0.09

AIQ

Global X Artificial Intelligence & Technology ETF

0.09

ADME

Aptus Drawdown Managed Equity ETF

0.08

AGGH

Simplify Aggregate Bond PLUS Credit Hedge ETF

0.08

ACVF

American Conservative Values ETF

0.07

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Profile

Sector:
Trading--inverse Equity
Industry:
Exchange Traded Funds

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is designed to measure the stock performance of U.S. companies in the utilities industry. The fund is non-diversified.