DXD
ProShares UltraShort Dow 30
📎 Investment Objective
The DXD ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Dow Jones Industrial Average.
Overview
ETF tracking ProShares UltraShort Dow 30
Performance
Price Chart
Investment Summary
📎 Investment Objective
The DXD ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Dow Jones Industrial Average.
🎯 Investment Strategy
The fund uses swaps, futures contracts, and other derivative instruments to achieve its -2x daily inverse exposure to the Dow Jones Industrial Average. It does not invest directly in the underlying stocks.
✨ Key Features
- Provides -2x daily inverse exposure to the Dow Jones Industrial Average
- Designed for short-term trading and not long-term buy-and-hold investing
- High volatility and risk due to leveraged inverse exposure
- Resets daily, so longer-term returns may not match -2x of the index
⚠️ Primary Risks
- Significant daily volatility and risk of losses, especially in volatile markets
- Potential for divergence between the fund's performance and -2x of the index over longer time periods
- Risks associated with the use of derivatives such as swaps and futures contracts
- Counterparty risk if the fund's swap or futures counterparties default
👤 Best For
This ETF is designed for experienced, risk-tolerant investors who seek short-term inverse exposure to the Dow Jones Industrial Average and understand the risks of leveraged and inverse funds. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.
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