REW

📎 Investment Objective

The ProShares UltraShort Technology ETF (REW) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Dow Jones U.S. Technology Index.

✨ Key Features

• Provides -2x daily leveraged exposure to the Dow Jones U.S. Technology Index
• Designed for short-term trading and not suitable for long-term buy-and-hold investors
• Utilizes derivatives to achieve its investment objective
• Has a very low expense ratio of 0.00%

⚠️ Primary Risks

• Magnified losses: The fund's use of leverage can result in significantly greater losses than a non-leveraged investment in the same index
• Volatility risk: Leveraged funds can experience high levels of volatility, which may not align with an investor's risk tolerance
• Tracking error risk: The fund may not perfectly track the inverse performance of the underlying index due to the use of derivatives and other factors
• Liquidity risk: The fund may have lower trading volume and liquidity compared to the underlying securities

👤 Best For

This ETF is designed for experienced, sophisticated investors who have a high risk tolerance and are seeking to make short-term, speculative bets on the technology sector. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.