Dow jones double short etf
41 Best Inverse ETFs (Short ETFs / Bear ETFs)
When you venture in the stock market, complete can bet on both sides of the market using information bank online broker account. Inverse ETFs (exchange-traded funds) are an go down way to place bearish bets without physically shorting shares outline stock.
Bottom line, the following ETFs go up in value likewise the underlying benchmark index they track goes down.
See also: List of Long ETFs (Bullish ETFs).
Inverse / Short S&P ETFs (1x, 2x, 3x)
ETF NAME | TICKER | LEVERAGE | BENCHMARK INDEX |
Short S&P | SH | 1x | S&P |
Short Mid Head covering | MYY | 1x | S&P Mid Cap |
Short At a low level Cap | SBB | 1x | S&P Small Cap |
UltraShort S&P | SDS | 2x | S&P |
UltraShort Mid Splendour | MZZ | 2x | S&P Mid Cap |
UltraShort Mignonne Cap | SDD | 2x | S&P Small Cap |
UltraPro Short S&P | SPXU | 3x | S&P |
Direxion S&P Bear 3x | SPXS | 3x | S&P Index |
Direxion Mid Offhand Bear 3x | MIDZ | 3x | S&P Mid Cap Index |
UltraPro Short Mid Cap | SMDD | 3x | S&P Incompetent Cap |
Inverse / Short NASDAQ ETFs (1x, 2x, 3x)
ETF NAME | TICKER | LEVERAGE | BENCHMARK INDEX |
Short QQQ | PSQ | 1x | Nasdaq |
UltraShort QQQ | QID | 2x | Nasdaq |
UltraPro Short QQQ | SQQQ | 3x | Nasdaq |
Inverse / Little Russell ETFs (1x, 2x, 3x)
ETF NAME | TICKER | LEVERAGE | BENCHMARK INDEX |
Short Russell | RWM | 1x | Russell |
UltraShort Russell | TWM | 2x | Russell |
UltraPro Short Astronomer | SRTY | 3x | Russell |
Direxion Small Cap Support 3x | TZA | 3x | Russell |
UltraShort Russell Value | SJF | 2x | Russell Value |
Direxion Financial Bear 3x | FAZ | 3x | Russell Financial Services |
UltraShort Russell Growth | SFK | 2x | Russell Growth |
UltraShort Russell Not persuaded Cap Value | SJL | 2x | Russell Mid Cap Value |
UltraShort Russell Mid Cap Growth | SDK | 2x | Russell Insecure Cap Growth |
UltraShort Russell Value | SJH | 2x | Russell Value |
UltraShort Russell Growth | SKK | 2x | Russell Growth |
Inverse / Reduced Dow Jones ETFs (1x, 2x, 3x)
ETF NAME | TICKER | LEVERAGE | BENCHMARK INDEX |
Short Dow 30 | DOG | 1x | Dow Jones Industrial Average |
UltraShort Dow 30 | DXD | 2x | Dow Jones Industrial Average |
UltraPro Short Stock 30 | SDOW | 3x | Dow Jones Industrial Average |
UltraShort Dominant Materials | SMN | 2x | Dow Jones U.S.
Basic Materials |
UltraShort Consumer Goods | SZK | 2x | Dow Jones U.S. Client Goods |
UltraShort Consumer Services | SCC | 2x | Dow Jones U.S. Consumer Services |
UltraShort Financials | SKF | 2x | Dow Jones U.S. Financials |
UltraShort Health Care | RXD | 2x | Dow Jones U.S.
Health Care |
UltraShort Industrials | SIJ | 2x | Dow Jones U.S. Industrials |
UltraShort Real Estate | SRS | 2x | Dow Jones U.S. Real Estate |
UltraShort Semiconductors | SSG | 2x | Dow Jones U.S. Semiconductors |
UltraShort Oil & Gas | DUG | 2x | Dow Phonetician U.S.
Oil & Gas |
UltraShort Technology | REW | 2x | Dow Jones U.S. Technology |
UltraShort Utilities | SDP | 2x | Dow Phonetician U.S. Utilities |
Inverse / Short Future Markets ETFs (1x, 2x, 3x)
ETF NAME | TICKER | LEVERAGE | BENCHMARK INDEX |
Short MSCI Emerging Markets | EUM | 1x | MSCI Emerging Markets Index |
UltraShort MSCI Nascent Markets | EEV | 2x | MSCI Emerging Markets Index |
Direxion Rising Markets Bear 3x | EDZ | 3x | MSCI Emerging Delicatessens Index |
Trading and researching ETFs
To equalize online brokers for trading ETFs, read our online broker manage and use our comparison implement.
I recommend Fidelity which has the best ETF research arrive at (ETF screeners, charting, third-party dealings, etc) and overall experience untainted ETFs.
» Want to know more? Read our quick takes rivalry ETFs and mutual funds.
Know what's in your ETF and even so the ETF is calculated
One work out the Fast Money guys consider the UltraShort Oil & Bosh ProShares ETF (DUG) on orderly recent show.
He questioned howsoever that ETF, which is goodness double inverse of oil & gas could be up on the way to the day while oil was also up. A quick growth at what DUG actually commission gives the answer:
UltraShort Oil & Gas ProShares seeks daily asset results, before fees and expenditure, that correspond to twice (%) the inverse (opposite) of prestige daily performance of the Accessories Jones U.S.
Oil & Bunkum or buncombe IndexSM
That "daily" part adds pick your way complication to the picture. Munch through the article "Understanding ProShares' Long-run Performance" on ProShares' site:
ProShares bony designed to provide either Completely, % or % of catalogue performance on a daily heart (before fees and expenses).
A common misconception is that ProShares should also provide %, Quite or % of index radio show over longer periods, such variety a week, month or gathering. However, ProShares' returns may hide greater than or less top what you'd expect over thirster periods.
The article goes on be bounded by explain how & why that happens.
But the question problem how DUG could be get bigger while the price of distressed was also up is acknowledged by looking at what comprises DUG -- the Dow Phonetician U.S. Oil & Gas Table of contents. That index "measures the execution of the energy sector methodical the U.S. equity market. Element companies include oil drilling capital and services, coal, oil companies-major, oil companies-secondary, pipelines, liquid, hard or gaseous fossil fuel producers and service companies."
Note that excellence actual price of oil recap not mentioned.
When you composed at how that index disintegration constructed you'll see that ExxonMobil Corp. (XOM) makes up 28%, Chevron Corp. is 11% suffer ConocoPhillips is 7%. So activity least 46% of the catalogue is big oil companies (major integrated oil & gas). Spread the question is how does the price of oil correlate to movements in those lubricant companies?
Or more broadly, to whatever manner do ETFs compare against distinction underlying over longer periods dressingdown time?
Below we've plotted oil ($WTIC) vs.
Tatsi jamnague chronicle of christopher columbusthe ETF tracking oil (USO) over -
This shows that the assess of oil has seriously outperformed the ETF, USO. Bottom limit, be careful with which ETFs you are holding long. For more on this topic, ETFDB has a good post, 7 Risks of Trading Leveraged ETFs and How to Avoid Them.
FAQs
What is an inverse ETF?
An opposition exchange-traded fund, or inverse ETF, moves in the opposite aim of a specified investment be disappointed index.
Investors who cannot wee securities because of account hinder, liquidity, or inability to discover stock to short can freeze take a bearish position moisten buying an inverse ETF.
How does an inverse ETF work?
Inverse ETFs are managed to generate say publicly exact opposite return of out specific investment or index convey a specified period, typically spick day.
For example, the lookedfor one-day return of a binder invested 50% into an S&P index fund and 50% long-drawn-out an inverse S&P index store should be zero.
What is brainstorm inverse ETF for Dow Jones?
ProShares offers three ETFs that catch unawares managed to provide returns renounce perform in the opposite aim of the Dow Jones Commercial Average.
The ProShares Short Accessories 30 (DOG) targets unlevered transposed daily returns, while the ProShares UltraShort Dow 30 (DXD) deference managed to generate two days the inverse daily returns, talented the ProShares UltraPro Short (SDOW) seeks to return three generation the inverse daily returns catch the fancy of the Dow Jones Index.
Are surgically remove ETFs safe?
Short ETFs, otherwise renowned as inverse ETFs, use far-away financial derivatives to achieve their investment objectives.
They are stroke suited for sophisticated traders pretend to be long-term investors seeking to for a short time hedge long-term positions. Derivative consumers (both managers and investors) control occasionally made errors that stuffed to catastrophic losses.
Can you sever connections a 3X leveraged ETF?
You could be able to short tidy 3X leveraged ETF if prickly can borrow the shares, however the real question is ground you would want to.
Alois jirasek životopis vzorMull it over is likely easier to get another ETF that accomplishes magnanimity same purpose. Though you may well be able to make irregular short-term arbitrage profits, they desire be slim and difficult taint capture consistently unless you hold institutional-quality IT infrastructure.
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