SSG Fees and Costs — ProShares UltraShort Semiconductors
Data updated: 2026-08-14
The net expense ratio is 0.95%: a 0.75% management fee plus 1.21% other expenses, less a 1.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 0%.
SSG Fees and Expenses
Annual operating expenses and sales charges of SSG. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 1.21% |
| Gross expense ratio | 1.96% |
| Fee waiver | −1.01% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SSG Costs Over Time
On $10,000 invested in SSG, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.95%) | $100 | $311 | $540 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
SSG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $272.1M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
SSG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $220.3M | 80.93% |
| Barclays Capital, Inc. | $17.9M | 6.60% |
| Virtu Americas LLC | $10.0M | 3.68% |
| Goldman Sachs & Co. LLC | $10.0M | 3.68% |
| Citigroup Global Markets Inc. | $10.0M | 3.66% |
| Bank of Montreal | $3.5M | 1.28% |
| Wells Fargo Securities, LLC | $498K | 0.18% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.