ProShares Short Financials (SEF) is an exchange-traded fund in the Trading Inverse Equity category. It has $13.91M in assets, an expense ratio of 0.95% and a 3.25% dividend yield. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of financial companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain inverse 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.