7-Aug-2026
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ProShares Announces ETF Share Splits
Business Wire (Mon, 11-May 6:30 PM ET)
ProShares UltraShort Utilities seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Utilities Select Sector Index.
ProShares Ultrashort Utilities trades on the ARCA stock market under the symbol SDP.
As of August 7, 2026, SDP stock price declined to $23.30 with 5,781 million shares trading.
SDP has a market cap of $4.27 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, SDP traded as high as $68.32 and as low as $19.78.
SDP has underperformed the market in the last year with a return of -3.2%, while the SPY ETF gained +23.5%. In the last 3 month period, SDP fell short of the market, returning +5.9%, while SPY returned +6.0%. However, in the most recent 2 weeks SDP has outperformed the stock market by returning +12.7%, while SPY returned +4.6%.
SDP support price is $22.99 and resistance is $24.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SDP shares will trade within this expected range on the day.