SMN Stock Summary and Trading Ideas (ProShares Ultrashort Materials | ARCA:SMN)

ProShares UltraShort Materials seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Materials Select Sector Index.

ProShares Ultrashort Materials trades on the ARCA stock market under the symbol SMN.

As of March 27, 2026, SMN stock price climbed to $11.09 with 10,734 million shares trading.

SMN has a beta of -1.65, meaning it tends to be less sensitive to market movements. SMN has a correlation of 0.49 to the broad based SPY ETF.

SMN has a market cap of $3.38 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SMN traded as high as $22.16 and as low as $9.23.

SMN has underperformed the market in the last year with a return of -25.6%, while the SPY ETF gained +12.8%. In the last 3 month period, SMN fell short of the market, returning -12.6%, while SPY returned -7.9%. However, in the most recent 2 weeks SMN has outperformed the stock market by returning +1.4%, while SPY returned -4.5%.

SMN support price is $10.69 and resistance is $11.41 (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 SMN shares will trade within this expected range on the day.