10.80 -0.44 (-3.91%)
Pre-Market: 8:15AM EST
|Bid||10.80 x 900|
|Ask||10.89 x 1100|
|Day's Range||10.35 - 11.29|
|52 Week Range||4.88 - 26.17|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-4.68|
|Expense Ratio (net)||0.99%|
Fluctuating oil prices and talks of a trade war, among other things, caused energy sectors stocks to tumble throughout 2018. Although there were reasons to be optimistic at various points throughout the year, the last few months of 2018 were particularly rough: October constituted the worst single month for the sector in the better part of a decade, and the final weeks of the year saw stock prices plummet along with the market overall.
The myriad woes have resulted in huge demand for inverse or leveraged inverse ETFs for investors seeking to make big gains in a short span.
Investors seek to magnify returns on quick market turn and register big gains in a short span. As such, we have highlighted five leveraged/inverse ETFs that crushed the market in November with abnormal returns.
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). GASX seeks daily investment results worth 300% of the inverse of the daily performance of the ISE-Revere Natural Gas IndexTM. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes).
This week's avalanche of third-quarter earnings report is dominated by the financial services and healthcare sectors, among others. That is not stopping some traders from positioning in sectors with upcoming ...
Oil prices fell today, notching their first weekly loss since mid-August, allowing for opportunities for traders to use an inverse oil ETF play like the Direxion Daily S&P Oil & Gas Exploration & Production ...
As markets surge and then sputter, the prospects of downside risk loom large in the short term. Yet advisors have to meet the challenge of steering through periods of market volatility, while continuing ...
Direxion is one of the largest issuers of leveraged exchange-traded funds (ETFs), those products that have the power to seduce with the potential for outsized short-term gains but can also be ruinous if held for too long.
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (NYSE: GUSH ) closed Friday with an April gain of over 34 percent, making it the second-best performer among Direxion's leveraged bullish exchange-traded ...
Like any financial instrument, leveraged ETFs only work for you if you use them appropriately. For example, if you use a buy-and-hold strategy for all the assets in your portfolio, leveraged ETFs might ...