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Upturn AI SWOT - About
ProShares Ultra SmallCap600 (SAA)
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Upturn Advisory Summary
10/24/2025: SAA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -14.38% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 2.35 | 52 Weeks Range 15.21 - 32.06 | Updated Date 06/29/2025 |
52 Weeks Range 15.21 - 32.06 | Updated Date 06/29/2025 |
Upturn AI SWOT
ProShares Ultra SmallCap600
ETF Overview
Overview
ProShares Ultra SmallCap600 (SCL) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P SmallCap 600u00ae Index. It provides leveraged exposure to small-cap stocks.
Reputation and Reliability
ProShares is a well-known provider of leveraged and inverse ETFs, with a solid track record in the market.
Management Expertise
ProShares has extensive experience in managing leveraged and inverse ETFs, requiring specialized expertise in derivatives and risk management.
Investment Objective
Goal
To achieve daily investment results, before fees and expenses, that correlate to two times (2x) the daily performance of the S&P SmallCap 600u00ae Index.
Investment Approach and Strategy
Strategy: The ETF employs a leveraged strategy to magnify the daily returns of the S&P SmallCap 600 Index through the use of derivatives.
Composition The ETF primarily holds financial instruments like swaps, futures contracts, and other derivatives to achieve its 2x leveraged exposure. It also holds cash and short-term investments.
Market Position
Market Share: Market share data is unavailable, as it changes constantly.
Total Net Assets (AUM): 72420000
Competitors
Key Competitors
- Direxion Daily Small Cap Bull 3X Shares (TNA)
- iShares Russell 2000 ETF (IWM)
- Vanguard Small-Cap ETF (VB)
Competitive Landscape
The small-cap ETF market includes both unleveraged and leveraged funds. SCL offers a higher potential return but also carries greater risk than unleveraged funds like IWM and VB. TNA is its closest competitor in the leveraged small-cap space, but IWM holds the most market share of the competitors mentioned.
Financial Performance
Historical Performance: Historical performance varies significantly based on the S&P SmallCap 600 Index and is influenced by leverage. Please refer to fund factsheets for up-to-date information.
Benchmark Comparison: The ETF aims to achieve 2x the daily performance of the S&P SmallCap 600 Index, but tracking error and compounding effects can cause deviations over longer periods.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The ETF's average trading volume provides reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread of the ETF is moderate to high, depending on market conditions.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, and investor sentiment toward small-cap stocks influence the performance of SCL.
Growth Trajectory
Growth depends on the overall market interest in leveraged products and the performance of the S&P SmallCap 600 Index. The ETF strategy has not changed.
Moat and Competitive Advantages
Competitive Edge
ProShares Ultra SmallCap600 provides a leveraged option for investors seeking amplified exposure to small-cap stocks. The ETF's strategy allows investors to potentially double the daily returns of the S&P SmallCap 600 index. However, this strategy is best suited for very short time horizons due to the effects of compounding. The higher expense ratio is standard for leveraged ETFs. It is not suitable for all investors due to the higher risk.
Risk Analysis
Volatility
Due to the leverage, the ETF experiences significantly higher volatility than the underlying S&P SmallCap 600 Index.
Market Risk
The ETF is exposed to market risk associated with small-cap stocks, magnified by the leverage, and compounding risk inherent in leveraged ETFs.
Investor Profile
Ideal Investor Profile
Sophisticated investors with a high-risk tolerance and a short-term trading horizon are most suited for this ETF.
Market Risk
Best suited for active traders seeking short-term exposure to the small-cap market. Not recommended for long-term, buy-and-hold investors.
Summary
ProShares Ultra SmallCap600 offers leveraged exposure to the S&P SmallCap 600 Index, targeting twice the daily performance. It carries substantial risk due to its leveraged nature and is suitable for short-term trading strategies. The fund is not for long-term investors, as compounding will significantly impact the return. The ETF's performance will significantly depend on the fund's market position as well as liquidity.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares official website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and do not constitute investment advice. Investing in leveraged ETFs involves significant risks and is not suitable for all investors. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares Ultra SmallCap600
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of small-cap companies listed and domiciled in the U.S. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.