Proshares Ultrashort Health Etf Profile

RXD Etf  USD 12.50  0.54  4.14%   

Performance

OK

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
ProShares UltraShort is trading at 12.50 as of the 18th of May 2025, a 4.14 percent decrease since the beginning of the trading day. The etf's lowest day price was 12.5. ProShares UltraShort has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of March 2025 and ending today, the 18th of May 2025. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Health is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort Health

Moving against ProShares Etf

  0.56VTV Vanguard Value IndexPairCorr
  0.44IVV iShares Core SPPairCorr
  0.39VB Vanguard Small CapPairCorr
  0.36VO Vanguard Mid CapPairCorr
  0.35VTI Vanguard Total StockPairCorr
  0.35SPY SPDR SP 500 Aggressive PushPairCorr

ProShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care ETFs, Sector ETFs, Trading--Inverse Equity, ProShares (View all Sectors)
IssuerProShares
Inception Date2007-01-30
BenchmarkS&P Health Care Select Sector Index
Entity TypeRegulated Investment Company
Asset Under Management1.64 Million
Average Trading Valume12,382.6
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Chase Bank, N.A.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Tarak Dave
Transfer AgentJ.P. Morgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents26.0
Market MakerIMC
Total Expense3.19
Management Fee0.75
Country NameUSA
Returns Y T D10.23
NameProShares UltraShort Health Care
Currency CodeUSD
Open FigiBBG000QXGWJ0
In Threey Volatility26.66
1y Volatility26.94
200 Day M A10.6568
50 Day M A11.515
CodeRXD
Updated At17th of May 2025
Currency NameUS Dollar
ProShares UltraShort Health [RXD] is traded in USA and was established 2007-01-30. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Health Care ETFs. ProShares UltraShort at this time have 9.15 M in assets. , while the total return for the last 3 years was 0.3%.
Check ProShares UltraShort Probability Of Bankruptcy

Top ProShares UltraShort Health Etf Constituents

ProShares UltraShort Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraShort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares UltraShort Against Markets

When determining whether ProShares UltraShort is a strong investment it is important to analyze ProShares UltraShort's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares UltraShort's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Health. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of ProShares UltraShort is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.