About ProShares UltraPro Short Dow30 (SDOW)

ProShares UltraPro Short Dow30 (SDOW) is an Exchange-Traded Fund (ETF) that seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Dow Jones Industrial Average. This means that for every 1% decrease in the Dow Jones Industrial Average, SDOW is designed to increase by 3%, providing investors with a potential hedge against market downturns. It is important to note that SDOW is a leveraged ETF and is designed for short-term trading purposes rather than long-term investing strategies. Investors should closely monitor their positions and be aware of the risks involved.

As of the latest quote, ProShares UltraPro Short Dow30 (SDOW) is priced at $15.67. This reflects three times the inverse (-3x) of the daily performance of the Dow Jones Industrial Average. The price of SDOW can fluctuate based on the daily movements of the Dow Jones Industrial Average. Investors should keep in mind that due to the compounding of daily returns, the ETF's returns over periods other than one day can differ significantly from the inverse (-3x) of the performance of their underlying index. Before investing, it is recommended to thoroughly understand the risks associated with leveraged ETFs and carefully consider your investment objectives.