Wed 7 Feb 2007
In case you’ve been missing volatility, according to Profunds’ website, they now offer ultra and ultrashort sector ETFs.? These are funds that aim to return either 2x or -2x the underlying sector’s return thanks to the use of leverage.? (You’d choose the -2x ultrashort funds when you think a sector will go down.)
Included in the new short funds, the Ultra (URE) or Ultrashort (SRS) Real Estate Fund, Ultra (DIG) or Ultrashort (DUG) Oil and Gas, Ultra (USD) or Ultrashort (SSG) Semiconductors…