|Bid||74.29 x 3100|
|Ask||74.31 x 1100|
|Day's Range||73.97 - 75.43|
|52 Week Range||30.32 - 78.82|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||101.37%|
|Beta (3Y Monthly)||3.49|
|Expense Ratio (net)||0.95%|
The Wall Street logged in the strongest performance in more than a decade for the first half of the year. We have highlighted nine leveraged equity ETFs that piled up more than 60% returns in the first half.
The Nasdaq Composite's short-term memory of its 4.36 percent loss in 2018 is warranted given its 19.22 percent gain thus far in 2019. The Nasdaq Composite is the best-performing index among its U.S. equities peers--the Dow Jones Industrial Average is up 10.72 percent YTD while the S&P 500 is up 14.52 percent YTD. The Nasdaq can certainly tip its hat to the tech sector, which comprises a majority of the index--tech has been a stellar performer thus far this year after getting roiled in the final quarter of 2018.
Using inverse ETFs can offer a chance to make money even when the stock market is heading south. But how do they work and how safe are they?