The ProShares UltraPro Short S&P 500 ETF (SPXU) is a leveraged instrument designed to amplify the inverse returns of the S&P 500 index. This means that for every 1% decrease in the S&P 500, SPXU aims to increase by 3%. https://keziaaeju595215.thelateblog.com/32730125/exploring-spxu-a-deep-dive-into-proshares-ultrapro-short-s-p-500-etf-performance