ProShares Trust ProShares S&P 5 Price & Performance (ISPY)

The ProShares Short S&P 500 ETF (SH) is gaining attention as it offers an inverse return to the S&P 500 index, helping investors hedge against market downturns. With assets exceeding $1 billion, SH has demonstrated its utility during recent market drops, including a 6% gain during a 3% market decline.12

The iShares Core S&P 500 ETF (IVV) attracted $1.5 billion in new assets despite a sharp market decline. Other ETFs, including Vanguard S&P 500 ETF (VOO), also saw significant inflows. However, SPDR S&P 500 ETF Trust (SPY) faced outflows of $1.6 billion as investors adjusted their strategies amidst market turbulence.34

Leveraged ETFs like ProShares UltraPro QQQ (TQQQ) are seeing heightened activity as traders seek amplified exposure to market movements. TQQQ, which tracks the Nasdaq 100 index at three times leverage, has become a popular choice for day traders aiming to capitalize on short-term volatility.52