DOG

ProShares Short Dow30

$24.08
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The DOG ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones Industrial Average.

Overview

ETF tracking ProShares Short Dow30

Category Inverse
Issuer ProShares
Inception Date 2008-11-12
Market Cap $125.8M
Average Volume N/A
Dividend Yield 4.29%
52-Week Range $23.54 - $30.03
VWAP $24.07

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The DOG ETF seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones Industrial Average.

🎯 Investment Strategy

The fund uses short positions and derivatives to track the inverse of the Dow 30 index. It does not actually hold the underlying stocks, but rather uses swaps and other instruments to generate the inverse exposure.

✨ Key Features

  • Provides inverse exposure to the Dow Jones Industrial Average
  • Designed for short-term trading and hedging, not long-term buy-and-hold
  • Highly volatile and speculative, not suitable for all investors
  • Very low assets under management and trading volume

⚠️ Primary Risks

  • Inverse/leveraged funds can experience significant losses in a short period of time
  • Tracking error risk - the fund may not perfectly match the inverse daily performance of the Dow 30
  • Counterparty risk with the derivatives used to generate inverse exposure
  • Liquidity risk due to low trading volume and assets under management

👤 Best For

The DOG ETF is a highly speculative and volatile investment, suitable only for experienced traders with a short-term time horizon and high risk tolerance. It is not recommended for long-term buy-and-hold investors or those with a low risk appetite.