SBM Stock, ProShares Short Basic Materials Information
Stock Information
Company Name: | ProShares Short Basic Materials |
Stock Symbol: | SBM |
Market: | NYSE |
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About ProShares Short Basic Materials
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones U. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index seeks to measure the performance of certain companies in the basic materials industry of the U.S. equity market. The fund is non-diversified.