About ProShares UltraShort Consumer Services (SCC)

ProShares UltraShort Consumer Services (SCC) is an exchange-traded fund (ETF) designed to provide investors with daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Consumer Services Index. As such, SCC is targeted towards investors who seek to profit from a decline in the consumer services sector of the U.S. economy. The fund uses a combination of financial instruments such as swaps, futures contracts, and options to achieve its investment objective. SCC is managed by ProShares, a leading provider of ETFs with a track record of delivering innovative investment solutions to investors.

With regards to the price history of SCC, it is important to note that as an inverse ETF, SCC aims to deliver twice the inverse performance of its underlying index on a daily basis. This means that the fund's price can exhibit significant volatility over longer time periods due to compounding effects. Investors should therefore carefully monitor the fund's performance and be aware of the risks associated with leveraged inverse ETFs.