ProShares Short Basic Materials (SBM) Research

This fund allocates its capital to various financial instruments, chosen by ProShare Advisors, with the goal of achieving daily returns that align with its specific investment objectives. Its reference index monitors the stock performance of U.S.-based companies operating in the basic materials sector. It is important to note that this fund maintains a non-diversified status.

Market snapshot

Symbol
SBM
Price
$46.38
Day change
+0.06%
Market cap
$1.9M
52-week range
46.1-47.18
Sector
Financial Services
Industry
Asset Management

Recent news

  • Brazil's Petrobras to sign contract for oil platforms with SBM Offshore, says executive

    Brazil's state-run ​oil firm Petrobras' ‌negotiation with SBM Offshore for two ​floating oil ​and gas production vessels (FPSO) ⁠for its Sergipe ​deepwater project is ​done, an executive from the company said ​on Thursday.

Peer companies

  • Emles Made in America ETF (AMER)
  • ETRACS 2xMonthly Leveraged Wells Fargo Diversified Business Development Company Index ETN Series B (BDCY)
  • Defiance Pure Electric Vehicle ETF (EVXX)
  • Foundations Dynamic Core ETF (FDCE)
  • Franklin FTSE South Africa ETF (FLZA)
  • iPath Series B Bloomberg Precious Metals Subindex Total Return ETN (JJP)
  • KraneShares Emerging Markets Healthcare Index ETF (KMED)
  • PSYK ETF (PSYK)

Open ProShares Short Basic Materials (SBM) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.