ProShares UltraShort Consumer Discretionary (SCC)
SCC Stock Price Chart
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SCC Company Profile
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Sector
Financial Services
Industry
Asset Management
IPO Date
2 Feb 2007
Employees
—
Website
https://www.globalxetfs.comCEO
Description
SCC provides 2x daily inverse exposure to a market cap-weighted index representing the consumer discretionary sector of the S&P 500. The underlying index, which is an S&P Select Sector Index, includes automobiles & components, consumer durables and apparel, consumer services, and retailing. As a levered product with daily resets, SCC is designed as a short-term trading tool and not a long-term investment vehicle. Due to daily compounding, its unlikely to achieve its stated exposure and returns for longer than a one-day period. Prior to March 20, 2023, the fund traded as the Proshares UltraShort Consumer Services and tracked the Dow Jones U.S. Consumer Services Index.
SCC Financial Timeline
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SCC Stock Performance
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