SDS

📎 Investment Objective

The SDS ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the S&P 500 Index.

✨ Key Features

• Provides inverse (-2x) exposure to the S&P 500 Index on a daily basis
• Designed for short-term trading and hedging strategies
• Utilizes derivatives to achieve its investment objective
• Resets daily, so long-term performance may differ from the target multiple

⚠️ Primary Risks

• Significant daily rebalancing risk, which can lead to performance deviation from the target multiple over longer holding periods
• Derivative and leverage risk, as the fund uses swaps and futures to achieve its objectives
• Volatility risk, as the fund's performance can be highly volatile due to its inverse and leveraged exposure
• Market risk, as the fund's performance is tied to the S&P 500 Index

👤 Best For

The SDS ETF is designed for experienced, short-term traders and investors who seek to hedge or speculate against declines in the broader U.S. equity market. It is not suitable for long-term buy-and-hold investors due to the daily rebalancing and compounding effects that can lead to significant deviations from the target multiple over time.