EHLS
Even Herd Long Short ETF
📎 Investment Objective
The Even Herd Long Short ETF (EHLS) seeks to provide investment results that, before fees and expenses, correspond to the inverse performance of the U.S. equity market on a daily basis.
Overview
ETF tracking Even Herd Long Short ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Even Herd Long Short ETF (EHLS) seeks to provide investment results that, before fees and expenses, correspond to the inverse performance of the U.S. equity market on a daily basis.
🎯 Investment Strategy
The ETF uses short positions and other derivative instruments to aim for returns that are the opposite of the daily performance of the U.S. stock market. It does not seek to achieve its stated investment objective over a period of time greater than one day.
✨ Key Features
- Inverse exposure to the U.S. equity market on a daily basis
- Uses short positions and derivatives to achieve its objective
- Designed for short-term, tactical trading rather than long-term investment
- Very low assets under management and expense ratio of 0.00%
⚠️ Primary Risks
- Significant daily rebalancing risk due to the inverse nature of the fund
- Potential for large losses if the market rises unexpectedly
- Not suitable for buy-and-hold investors due to daily reset of exposure
- Lack of long-term performance history to evaluate
👤 Best For
This ETF is best suited for experienced, sophisticated traders who understand the risks of inverse and leveraged products and are looking for very short-term, tactical exposure to the downside of the U.S. equity market. It is not recommended for long-term, buy-and-hold investors.
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