Company Name:: ProShares Short Basic Materials
Benchmark Index: Dow Jones U.S. Basic Materials Index
Ticker Symbol: SBM
Types of Companies Included: U.S. companies within the basic materials sector.
Daily Target: -1x (inverse daily performance of index).
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the Dow Jones U.S. Basic Materials Index goes up, the ETF is designed to go down. If the Dow Jones U.S. Basic Materials Index goes down, the ETF is designed to go up.
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