Company Name:: ProShares UltraShort Utilites
Benchmark Index: Dow Jones U.S. Utilities Index
Ticker Symbol: SDP
Types of Stocks Included in the Index: Large and mid-sized U.S. companies in the utilities sector.
Daily Target: -2x
Leveraged-Short ETF: This ETF allows investors to take a leveraged bearish position against the U.S. utilities sector. If the Dow Jones U.S. Utilities Index goes down, this ETF is designed to go up twice the amount the Dow Jones U.S. Utilities Index went down. If the Dow Jones U.S. Utilities Index goes up, this ETF is designed to go down twice the amount the Dow Jones U.S. Utilities Index went up.
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