Ultrapro Short S&P500 ETF SPXU – Up 8.6% S&P 500 Bear 3X Direxion SPXS – Up 8.4% Ultrashort S&P500 ETF (SDS)– Up 5.7% Inverse Dow Jones The Dow Jones has slipped into a correction (meaning at least 10% from a recent record high). ProShares UltraPro Short S&P500 (SPXU): ETF Research Reports Concerns that tighter monetary policies to tame surging inflation will slow down global economic growth have weighed on the risk sentiment and driven investors toward the safe-haven assets like U.S. treasuries.