|Bid||15.76 x 1400|
|Ask||15.84 x 1000|
|Day's Range||15.81 - 16.15|
|52 Week Range||11.17 - 67.35|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||38.45%|
|Beta (5Y Monthly)||4.78|
|Expense Ratio (net)||0.95%|
Each month, futures-based ETFs change their portfolio holdings. It happens sooner than you think.
Inverse oil exchange-traded funds (ETFs), which are leveraged and can be highly risky, seek to short either a single energy commodity or a combination of several energy commodities. These include crude oil, gasoline and heating oil.
Investors should brace for volatile near-term price action in oil before a yawning supply and demand discrepancy comes into equilibrium, according to Goldman Sachs.