The fund is an actively managed exchange traded fund that attempts to replicate 1.5x the inverse (-150%) daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. The fund advisor aims to generate the inverse daily performance of the underlying stock for a single day.
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ETF
Equity
- years
2 holdings
$9.53
Price+1.71%
$0.16
$197.500m
Small
$30.963m
Avg Volume$67.860m
$2.61
NAV1.50%
Expense Ratio27.39%
Yield$2.61
Dividend