(SSO) ProShares Ultra S&P500 - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74347R1077 • Trading--Leveraged Equity
SSO: Stocks, Equities, Indices, Derivatives
ProShares Ultra S&P500 (SSO) is designed to deliver twice the daily return of the S&P 500, leveraging a 2x factor. This ETF is structured for short-term trading and tactical adjustments rather than long-term investing. It resets daily, meaning its not intended to compound returns over extended periods.
The S&P 500 is a cornerstone of U.S. equity markets, comprising 500 large-cap companies and REITs selected for liquidity, market cap, and financial stability. The index is float-adjusted and market-cap weighted, providing a robust measure of market performance.
SSO employs derivatives like futures and swaps to achieve its leveraged exposure. Its a non-diversified fund, focusing on S&P 500 constituents, which may heighten sector-specific risks. The funds strategy involves daily rebalancing, which can lead to higher expenses and potential tracking error, especially in volatile markets.
With significant assets under management, SSO is a popular tool for hedge funds and traders seeking intraday hedges or capitalizing on short-term market movements. However, its utility diminishes for buy-and-hold strategies due to daily reset mechanisms.
Domiciled in the United States, SSO offers exposure to the U.S. large-cap market with the convenience of an ETF. Investors should be aware of the risks associated with leveraged funds, including the impact of daily resets and the potential for amplified losses.
Additional Sources for SSO ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SSO ETF Overview
Market Cap in USD | 6,005m |
Category | Trading--Leveraged Equity |
TER | 0.91% |
IPO / Inception | 2006-06-19 |
SSO ETF Ratings
Growth 5y | 84.8% |
Fundamental | - |
Dividend | 56.5% |
Rel. Strength Industry | 1.83 |
Analysts | - |
Fair Price Momentum | 85.20 USD |
Fair Price DCF | - |
SSO Dividends
Dividend Yield 12m | 0.93% |
Yield on Cost 5y | 4.13% |
Annual Growth 5y | 53.66% |
Payout Consistency | 79.0% |
SSO Growth Ratios
Growth Correlation 3m | -31.3% |
Growth Correlation 12m | 86.5% |
Growth Correlation 5y | 74% |
CAGR 5y | 34.38% |
CAGR/Max DD 5y | 0.74 |
Sharpe Ratio 12m | 1.54 |
Alpha | -4.53 |
Beta | 2.01 |
Volatility | 49.51% |
Current Volume | 2984k |
Average Volume 20d | 3145.5k |
As of March 15, 2025, the stock is trading at USD 83.82 with a total of 2,983,953 shares traded.
Over the past week, the price has changed by -4.74%, over one month by -15.50%, over three months by -15.30% and over the past year by +12.72%.
Yes. Based on ValueRay Analyses, ProShares Ultra S&P500 (NYSE ARCA:SSO) is currently (March 2025) a good stock to buy. It has a ValueRay Growth Rating of 84.80 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SSO as of March 2025 is 85.20. This means that SSO is currently overvalued and has a potential downside of 1.65%.
ProShares Ultra S&P500 has no consensus analysts rating.
According to ValueRays Forecast Model, SSO ProShares Ultra S&P500 will be worth about 102.2 in March 2026. The stock is currently trading at 83.82. This means that the stock has a potential upside of +21.98%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 102.2 | 22% |