ProShares Short Basic Materials (SBM) Price, Holdings, & News

ETF Overview

ProShares Short Basic Materials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. The Fund invests in derivatives as a substitute for directly shorting stocks in order to gain inverse exposure to the Index. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index. The Fund also invests in short-term cash instruments that have terms to maturity of less than 397 days and exhibit credit profiles. ProShare Advisors LLC is the investment advisor of the Fund.

Key Stats

• Today's Range: $46.38 to $46.38
• 50-Day Range: $46.38 to $46.38
• 52-Week Range: $42.85 to $55.15
• Volume: N/A
• Average Volume: 3,024 shs
• Market Capitalization: $1.86 million
• Assets Under Management: $1.85 million
• Dividend Yield: N/A
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

SBM ETF - Frequently Asked Questions

How have SBM shares performed this year?

ProShares Short Basic Materials' stock was trading at $46.3774 on January 1st, 2025. Since then, SBM stock has increased by 0.0% and is now trading at $46.3774.

When did ProShares Short Basic Materials' stock split?

ProShares Short Basic Materials shares reverse split on the morning of Thursday, January 13th 2022.The 1-5 reverse split was announced on Thursday, January 13th 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of ProShares Short Basic Materials?

Shares of SBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of ProShares Short Basic Materials own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares Short Basic Materials investors own include APA (APA), ANN (ANN), Ameriprise Financial (AMP), AMC Entertainment (AMC), Alexander's (ALX), ALU (ALU) and Alpine 4 (ALPP).

Fund Details

• Fund Name: PROSHARES SHORT BASIC MATERIALS
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:SBM
• Inception Date: 1/1/2100
• Fund Manager: N/A
• Web: www.proshares.com
• Phone: +1-240-4976400

Fund Focus

• Benchmark: N/A
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $1.85 million
• Average Daily Volume: $528.60
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: N/A
• Advisor: N/A
• Custodian: N/A
• Distributor: N/A
• Transfer Agent: N/A
• Trustee: N/A
• Lead Market Maker: N/A

Miscellaneous

• Outstanding Shares: 40,000
• Beta: -1.10