About ProShares Ultra SmallCap600 (SAA)

ProShares Ultra SmallCap600 (SAA) is an exchange-traded fund (ETF) that aims to provide investors with twice the daily return of the S&P SmallCap 600 Index. It is designed for those seeking leveraged exposure to small-cap stocks in the US market. The fund uses financial instruments, such as futures contracts and swap agreements, to achieve its investment objective. SAA is suitable for aggressive traders or investors who have a high tolerance for risk. It is not intended for long-term investors due to its leveraged nature.

The price history of SAA reflects the performance of the S&P SmallCap 600 Index. Investors can track the fund's performance by monitoring its daily price movements. It is important to note that the fund's performance can deviate significantly from twice the daily return of the index due to compounding effects. Therefore, it is crucial for investors to closely monitor their positions and regularly assess the fund's performance.