ProShares UltraPro Short S&P 500 (SPXU) Stock
Daily inverse fund for short-term market traders. Here's the price, business snapshot, and what's worth knowing about ProShares UltraPro Short S&P 500 in November 2026.
The ProShares UltraPro Short S&P 500 (SPXU) is an exchange-traded fund designed for traders seeking daily directional exposure rather than long-term investors. It aims to return -300% of the daily performance of the S&P 500 Index. When the index falls by 1% on a given day, SPXU aims to rise by 3%; conversely, if the index rises by 1%, SPXU aims to fall by 3%. This fund uses derivatives to achieve its objective, which introduces significant complexity and risk. Crucially, because it resets its exposure daily, holding SPXU for longer than one day may result in performance that differs substantially from the -300% target due to the compounding effect of daily returns, particularly in volatile markets. With a dividend yield of 7.57% (which may vary and is not guaranteed) and an expense ratio of 0.90%, this is a high-cost, high-volatility instrument. It is generally unsuitable for most retail investors and is best viewed as a specialised tool for experienced traders who understand leveraged inverse mechanics and the risks of rapid capital loss.
About This Stock
PROSHARES TRUST ULTRAPRO SHORT S&P 500 (POST REV SPLIT)
SPXU
Current Price
$38.35
Potential 12 Month Profit
N/A
Sector
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Industry
N/A
Ticker
SPXU
Market Cap
N/A
Potential 12 Month Profit
N/A
Sector
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Industry
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Sixth Month Growth Performance
Stock Performance Snapshot
Dividend
PROSHARES TRUST ULTRAPRO SHORT S&P 500 does not pay a dividend, which may indicate reinvestment of revenues for growth. If you invested $1000 you would be paid $0 a year in dividends.
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Why You’ll Want to Watch This Stock
Inverse Market Exposure
SPXU offers a way to express a bearish view on the S&P 500, aiming to rise when the index falls. However, this inverse relationship works only on a daily basis, so timing is critical and missteps can lead to rapid losses.
High Volatility Potential
As a 3x leveraged inverse fund, SPXU can experience significant price swings. This volatility can attract traders looking for dynamic opportunities but also presents a substantial risk of capital erosion, particularly in choppy markets.
Daily Reset Mechanics
The fund recalibrates its exposure at the end of each trading day. While this ensures accuracy for one-day holds, it means longer-term returns are unlikely to match the simple -300% multiple, a factor every investor should understand before considering.
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