ProShares UltraShort Basic Materials (SMN)
- Expense ratio0.91%
- Net assets$3.9M
- Dividend yield2.88%
- 1-year return-28.50%
- Holdings46
SMN ETF price chart
SMN quote & trading statistics
SMN performance
Annual returns & drawdowns →- YTD-24.63%
- 1 year-28.50%
- 3 years-20.01%/yr
- 5 years-15.93%/yr
- 10 years-24.72%/yr
- 1Y volatility
- 36.67%
- 3Y volatility
- 32.66%
- 3Y Sharpe ratio
- -0.47
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
SMN top 10 holdings
All holdings →| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | LIN | Linde plc Ordinary Shares | 18.73% |
| 2 | APD | Air Products and Chemicals Inc | 8.23% |
| 3 | DD | Dupont De Nemours Inc | 7.45% |
| 4 | ECL | Ecolab Inc | 7.41% |
| 5 | DOW | Dow Inc | 6.32% |
| 6 | NEM | Newmont Goldcorp Corp | 5.73% |
| 7 | PPG | PPG Industries Inc | 4.66% |
| 8 | LYB | LyondellBasell Industries NV | 3.87% |
| 9 | CTVA | Corteva Inc | 3.52% |
| 10 | FCX | Freeport-McMoran Copper & Gold Inc | 2.97% |
The top 10 holdings make up 68.9% of the fund (46 holdings in total). As of October 25, 2026.
About ProShares UltraShort Basic Materials
The index is designed to measure the performance of materials companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
SMN ETF FAQ
What is the SMN expense ratio?
ProShares UltraShort Basic Materials has a net expense ratio of 0.91%, or $91.00 a year for every $10,000 invested.
How much money is in SMN?
ProShares UltraShort Basic Materials has about $3.9M in net assets.
What are the top holdings of SMN?
The largest positions in SMN are Linde plc Ordinary Shares (18.73%), Air Products and Chemicals Inc (8.23%), Dupont De Nemours Inc (7.45%). The fund holds 46 securities in total.
How has SMN performed?
SMN returned -28.50% over the past year and -15.93% a year over the past five years, including reinvested distributions.
Does SMN pay dividends?
SMN has a dividend yield of 2.88% and pays distributions quarterly.
When was SMN launched?
ProShares UltraShort Basic Materials began trading on January 30, 2007.
ETFs similar to SMN
Funds that track the same index or whose top-10 holdings overlap most with SMN's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| SMN | ProShares UltraShort Basic Materials | — | 0.91% | $3.9M | -28.50% |
| IYM | iShares U.S. Basic Materials ETF | 56% | 0.42% | $1.28B | +22.62% |
| VAW | Vanguard Materials ETF | 54% | 0.10% | $2.93B | +11.42% |