SKF

📎 Investment Objective

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

✨ Key Features

• Provides -2x daily leveraged exposure to the Dow Jones U.S. Financials Index
• Designed for short-term trading and not suitable for long-term buy-and-hold investors
• Utilizes derivatives to achieve its leveraged investment objective
• Has low assets under management and may have limited liquidity

⚠️ Primary Risks

• Leveraged and inverse ETFs can experience significant losses over time, especially in volatile markets
• Derivative instruments used by the fund may not always be effective in achieving the desired exposure
• Tracking error and compounding effects can cause the fund's returns to deviate from the target index performance
• Low trading volume and lack of liquidity may impact the fund's ability to execute trades at desired prices

👤 Best For

This ETF is best suited for experienced, short-term traders and speculators who have a bearish outlook on the financial sector and are comfortable with the risks associated with leveraged and inverse funds. It is not recommended for long-term, buy-and-hold investors due to the potential for significant losses over time.