SHProShares Short S&P500

ProShares Short S&P 500 is an inverse exchange-traded fund designed to deliver the daily opposite performance of the S&P 500 Index. The fund provides a simple way to gain broad U.S. equity market short exposure through a portfolio that uses derivatives rather than direct stock borrowing. Its objective is to reflect -1x of the index’s daily move, making it a specialized tool for investors and institutions that need to offset equity market exposure or manage short-term directional risk. ProShares Short S&P 500 is part of ProShares’ lineup of strategy-based ETFs and focuses on large-cap U.S. stocks represented across major sectors of the market. The fund is used in tactical trading, hedging, and other short-term portfolio applications where inverse index exposure is desired.