Key stats
About ProShares Ultra SmallCap600
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Inception date
Jan 23, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SAA, as a levered product, is not a buy-and-hold ETF, its a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only for 1 day. Rebalance your exposure if you want the multiple for longer periods. SAA offers 2x levered exposure to 600 companies that span mid-cap, small-cap and micro-cap territories, i.e., the S&P 600. Eligible securities are screened through a process that factors in liquidity, price, market capitalization, financial viability and public float. As a short-term instrument, total costs associated with using this ETF are heavily weighted toward trading costs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Cash
Stocks80.51%
Finance22.09%
Electronic Technology7.80%
Producer Manufacturing7.54%
Health Technology6.34%
Technology Services6.22%
Process Industries4.05%
Consumer Services3.60%
Retail Trade3.45%
Consumer Durables3.39%
Industrial Services2.82%
Consumer Non-Durables2.40%
Energy Minerals1.89%
Utilities1.79%
Commercial Services1.76%
Transportation1.71%
Distribution Services1.11%
Health Services1.08%
Communications0.71%
Non-Energy Minerals0.65%
Miscellaneous0.09%
Bonds, Cash & Other19.49%
Cash19.49%
Stock breakdown by region
North America99.33%
Europe0.55%
Middle East0.12%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SAA invests in stocks. The fund's major sectors are Finance, with 22.09% stocks, and Electronic Technology, with 7.80% of the basket. The assets are mostly located in the North America region.
SAA last dividends amounted to 0.01 USD. The quarter before, the issuer paid 0.05 USD in dividends, which shows a 254.43% decrease.
SAA assets under management is 30.46 M USD. It's risen 6.41% over the last month.
SAA fund flows account for 624.58 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SAA pays dividends to its holders with the dividend yield of 1.12%. The last dividend (Jul 1, 2025) amounted to 0.01 USD. The dividends are paid quarterly.
SAA shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jan 23, 2007, and its management style is Passive.
SAA expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
SAA follows the S&P Small Cap 600. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SAA invests in stocks.
SAA price has risen by 6.48% over the last month, and its yearly performance shows a 4.53% increase. See more dynamics on SAA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.73% over the last month, showed a 41.01% increase in three-month performance and has increased by 5.43% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.73% over the last month, showed a 41.01% increase in three-month performance and has increased by 5.43% in a year.
SAA trades at a premium (1.96%) meaning the ETF is trading at a higher price than the calculated NAV.