ProShares UltraShort Semiconductors chart

Last update: 2022-12-30
Key statistics and financials
Three year average return -68.18%
YTD return 9.84%
Beta 3Y -1.70
Total Assets 2.71M
Annual report expense ratio 0.95%

Company description

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is designed to measure the stock performance of U.S. companies in the semiconductors sub-sector. The fund is non-diversified.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to ProShares UltraShort Semiconductors:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ProShares UltraShort Semiconductors. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ProShares UltraShort Semiconductors

Here is the result of two systematic investment strategies applied to ProShares UltraShort Semiconductors. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ProShares UltraShort Semiconductors

The following chart shows the equity curve of the two systematic investment strategies applied to ProShares UltraShort Semiconductors:

ProShares UltraShort Semiconductors automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 75.59% on the backtest period.

Performance at glance

Performance

75.59 %

Latent gain

569.52 $

Invested capital

753.48 $

Annualized return

52.49 %
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Momentum strategy results on ProShares UltraShort Semiconductors

This is the result of two momentum investment strategies applied to ProShares UltraShort Semiconductors. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ProShares UltraShort Semiconductors

The following chart shows all the entries opened by the momentum investment system on ProShares UltraShort Semiconductors:

ProShares UltraShort Semiconductors momentum entries
  • The first momentum investment strategy would give 114.59% of return on ProShares UltraShort Semiconductors. That represents 2009.53$ of latent gain with 1753.67$ of employed capital.
  • The second momentum investment strategy would give 161.65% of return on ProShares UltraShort Semiconductors. That represents 1616.57$ of latent gain with 1000.03$ of employed capital.
Performance at glance (1Q Momentum)

Performance

114.59 %

Latent gain

2009.53 $

Invested capital

1753.67 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

161.65 %

Latent gain

1616.57 $

Invested capital

1000.03 $

Annualized return

168.39 %

Momentum equity curve on ProShares UltraShort Semiconductors

The following chart shows the equity curve of the two momentum strategies applied to ProShares UltraShort Semiconductors:

ProShares UltraShort Semiconductors momentum equity

Note: the dividends potentially given by ProShares UltraShort Semiconductors are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ProShares UltraShort Semiconductors

The following chart shows the employed capital evolution of the two momentum strategies on ProShares UltraShort Semiconductors since the beginning:

ProShares UltraShort Semiconductors

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on ProShares UltraShort Semiconductors

Buy the dip entry openings on ProShares UltraShort Semiconductors

ProShares UltraShort Semiconductors

The performance achieved by the robo-advisor on ProShares UltraShort Semiconductors is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows ProShares UltraShort Semiconductors stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ProShares UltraShort Semiconductors, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to ProShares UltraShort Semiconductors

The following chart shows the result of the investment strategy applied to ProShares UltraShort Semiconductors:

ProShares UltraShort Semiconductors

Note: the dividends potentially given by ProShares UltraShort Semiconductors are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ProShares UltraShort Semiconductors

The following chart shows the employed capital evolution since the beginning of the investment strategy on ProShares UltraShort Semiconductors:

ProShares UltraShort Semiconductors

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ProShares UltraShort Semiconductors

In this section, I will compare the three previous investment strategies applied to ProShares UltraShort Semiconductors.

Equity curve comparison on ProShares UltraShort Semiconductors

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ProShares UltraShort Semiconductors investment strategy comparison

Employed capital comparison on ProShares UltraShort Semiconductors

ProShares UltraShort Semiconductors investment comparison

Performance comparison on ProShares UltraShort Semiconductors

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 75.59% 569.52$ 753.48$ 52.49%
Momentum 1 quarter 114.59% 2009.53$ 1753.67$ 95.49%
Momentum 2 quarters 161.65% 1616.57$ 1000.03$ 168.39%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

52.49 %

Momentum 1Q

168.39 %

Momentum 2Q

168.39 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ProShares UltraShort Semiconductors:

Positive correlations

Most correlated stocks this year

  • ProShares UltraShort Semiconductors -2x Shares

  • Most correlated stocks last 3 months

  • ProShares UltraShort Semiconductors -2x Shares

  • Note: The algorithm computes the probability of correlation between ProShares UltraShort Semiconductors and the other stocks. There may be false positives or some missing correlated stocks. If the price of ProShares UltraShort Semiconductors does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name ProShares UltraShort Semiconductors
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker SSG
    Market

    ProShares UltraShort Semiconductors ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown