SSO 📈 ProShares Ultra S&P500 - Overview

The ProShares Ultra S&P500, listed on NYSE ARCA under the ticker symbol SSO, is designed to provide daily returns that are highly correlated with twice the daily performance of the S&P 500 Index. This index serves as a benchmark for large-cap U.S. stock market performance, comprising a float-adjusted, market capitalization-weighted selection of 500 U.S. operating companies and real estate investment trusts. The selection process for these components considers various criteria, including liquidity, price, market capitalization, financial viability, and public float, aiming to create a representative snapshot of the U.S. large-cap market.

The fund achieves its investment objective by investing in a range of financial instruments, which its advisors believe will, in aggregate, produce daily returns consistent with the Daily Target. This approach involves a non-diversified strategy, meaning the fund may concentrate its investments in a smaller number of securities, which can increase potential returns but also heightens risk. As a leveraged equity ETF, the ProShares Ultra S&P500 is categorized under trading--leveraged equity, indicating its use of leverage to amplify potential returns. With its domicile in the United States and an ISIN of US74347R1077, this ETF offers investors a way to gain exposure to the U.S. large-cap market with the potential for amplified daily returns, albeit with increased volatility.

For investors seeking more information about the ProShares Ultra S&P500 or other investment products offered by the company, the official website at http://www.proshares.com provides comprehensive details on investment strategies, performance data, and other relevant resources. Understanding the specifics of this ETF, including its investment approach, risks, and potential benefits, is crucial for making informed investment decisions that align with one's financial goals and risk tolerance.