About ProShares UltraPro Short Russell2000 (SRTY)

ProShares UltraPro Short Russell2000 (SRTY) is an exchange-traded fund (ETF) that seeks to provide three times the inverse (-3x) daily performance of the Russell 2000 Index. This index is a widely recognized benchmark consisting of 2000 small-cap companies in the United States. SRTY is designed for investors looking to capitalize on short-term declines in the Russell 2000 Index. The ETF's goal is to deliver daily returns that are inversely correlated to the index's daily performance at a multiple of three. It uses various financial instruments such as derivatives and swaps to achieve this objective.

While SRTY can potentially generate significant returns during periods of market downturns, it is important to note that the ETF is designed for short-term trading strategies and is not intended for long-term investment. Due to compounding effects, its performance may deviate significantly from the inverse performance of the underlying index over periods longer than one day. Therefore, it is advisable for investors to closely monitor their positions if considering investing in SRTY and not to hold the ETF for extended periods.