SPXU: Understanding The Risks Of A -3X Leveraged S&P 500 ETF (NYSEARCA:SPXU)

Group 1 - The ProShares UltraPro Short S&P500 ETF (SPXU) is a leveraged ETF with a factor of -3x, launched on June 23, 2009, and is based on the S&P 500® Index with an expense ratio of 0.90% [1] - SPXU has a liquidity profile characterized as mid-size, with total assets amounting to $571 million [1] - The investing group led by Fred focuses on quality dividend stocks and companies at the forefront of technology innovation, providing various market risk indicators and investment strategies [1]