Why ProShares Short SmallCap600 moves
ProShares Short SmallCap600 jumped without company news.
Written after the close on ·
Why today
16,413 news analyzed todayProShares Short SmallCap600 jumped without company news.
Over the same session the S&P 500 fell very sharply, so the fund moved against the market.
This is a very big move for the fund, rare in the past year.
Over the last five trading days it also rose sharply while the S&P 500 fell very sharply.
Likely drivers are market-wide: the fund is built to rise when small-company stocks fall, and that usually happens when broad selling hits.
Today's move of +3.77% was 7.2 times a normal day's 0.5%. S&P 500 moved −4.41% on the same day.
ProShares Short SmallCap600 +3.77%S&P 500 −4.41%Against the market
What the key figures say about ProShares Short SmallCap600
The figures connect what ProShares Short SmallCap600 earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.00–$1.48.
The dividend explained
A dividend is money paid to shareholders. ProShares Short SmallCap600 paid $0.78 per share in the twelve months through November 5, 2026.
On the ex-dividend day, September 23, 2026, ProShares Short SmallCap600 traded without the right to the $0.19 dividend. The price went from $23.57 to $23.65; including the dividend, the day's change was +1.2%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $0.002018: $0.132019: $0.722020: $0.022021: $0.002022: $0.122023: $1.482024: $1.422025: $0.942026 so far: $0.55
$10,000 in ProShares Short SmallCap600 bought on November 7, 2016 is worth $3,060 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,300.
What would $10,000 in ProShares Short SmallCap600 be worth today? →
What would $10,000 in ProShares Short SmallCap600 be worth today?
$3,060
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,300.
At worst it was worth $2,770 (August 4, 2026).
The five biggest days of the journey
· +13.5% · the whole market fell 12.0% the same day
· +11.6% · the whole market fell 9.5% the same day
· +10.1% · the whole market fell 5.2% the same day
· +9.3% · the whole market fell 7.6% the same day
· −9.1% · the whole market rose 9.5% the same day
Earlier days
+1.83% market −2.70% ProShares Short SmallCap600 rose clearly over the week, while the S&P 500 fell sharply, so it moved against the market. Read →
ProShares Short SmallCap600 rose clearly over the week, while the S&P 500 fell sharply, so it moved against the market.
The move was ordinary in size for this fund.
It is a short fund, so it tends to gain when small-company stocks fall, and the market's drop likely supported it.
Last session it was roughly flat, moving less than the market.
−1.30% market +1.65% ProShares Short SmallCap600 fell sharply without company news. Read →
ProShares Short SmallCap600 fell sharply without company news.
ProShares Short SmallCap600 is a fund that gains when small US companies fall.
Its shares fell sharply in the last session while the S&P 500 rose sharply, so it moved against the market.
No company news explains the drop, because the fund is not a company and no news about it arrived that day.
Over the last five trading days it fell clearly, while the S&P 500 fell only slightly.
+1.24% market −1.77% ProShares Short SmallCap600 rose, moving against a falling market. Read →
ProShares Short SmallCap600 rose, moving against a falling market.
No company news explains it.
Over the last five trading days it fell slightly, moving more than the S&P 500.
The sharp rise came on heavy trading, about three times a normal session.
Such moves in this kind of inverse fund often come from shifts in small-cap stock prices and fund flows.
−1.28% market −0.56% ProShares Short SmallCap600 is an exchange-traded fund that rises when small US companies fall. Read →
ProShares Short SmallCap600 is an exchange-traded fund that rises when small US companies fall.
Over the week it fell slightly, while the S&P 500 also fell slightly, so it moved more than the market.
Last session it rose sharply against a sharply falling market, on heavy trading.
Its latest price sits well below its high from last November and above its August low.
−1.59% market −0.38% ProShares Short SmallCap600 fell sharply without company news. Read →
ProShares Short SmallCap600 fell sharply without company news.
Over the same day the S&P 500 fell slightly, so the fund moved more than the market.
Over the last five trading days it fell clearly while the S&P 500 rose slightly, so it moved against the market.
The fund is an ETF, so its moves reflect interest rates, fund flows and the wider market rather than any one company.
Its latest close sits well below its highest close of the past year.