Dividend for ProShares UltraShort S&P500

Discussion in 'Trading' started by agras01, Dec 31, 2007.

  1. agras01


    To my surprise I got dividend on my SDS position.
    I assume that the dividend is the interest on the purchase money, since I am long SDS and SDS is 2xsort S&P500.

    Am I getting it wright?
    Can somebody elaborate, please.

  2. almost every single etf had some sort of end of year dividend.
  3. It isn't really a dividend.

    Leveraged/short ETFs invest most of their money on T-Bills, and a small part in long/short index futures, accordingly.

    So you really got some T-Bill interest.
  4. agras01


    thank you
  5. it's a dividend. look it up on bloomberg.