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SPXU - SPXU: A Juicy 10.74% Dividend Out Of Reach
June, 21 2024 10:29 AM
ProShares UltraPro Short S&P500
2024-06-21 10:29:48 ET
Summary SPXU is a 3x leveraged inverse bet on the S&P 500 with a 10.74% TTM dividend yield from US Treasuries. While the dividend is attractive, it is more of a quirk than something we can effectively capture. The fund's leveraged nature comes with high risk warnings and negative compounding that amplifies losses over time. ...
For further details see:
SPXU: A Juicy 10.74% Dividend Out Of Reach
Stock Information
Company Name:
ProShares UltraPro Short S&P500
Stock Symbol:
SPXU
Market:
NYSE
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