This appears to be almost exclusively a VIX play---not daily market movement.I am very disappointed in OFF results in relation to SP 500.
OFF has too much exposure to commodities.Try BTAL as it shorts high beta and loes long low beta 50/50
agreed ... S&P goes up , OFF goes down. S&P goes down, OFF goes down. It has last 15% relative to the inverse of ONN. I think this might be a scam, and if the market tanks, then OFF may fail, without assets to cover.