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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 10, 2026, SDP stock price climbed to $23.83 with 3,623 million shares trading.
SDP has a market cap of $4.37 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 -1.1%, while SPY returned +23.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SDP shares. However, SDP has outperformed the market in the last 3 month and 2 week periods, returning +8.3% and +15.3%, while SPY returned +5.9% and +4.6%, respectively. This indicates SDP has been having a stronger performance recently.
SDP support price is $22.69 and resistance is $23.91 (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.
