Company Name:: ProShares UltraShort Dow 30
Benchmark Index: Dow Jones Industrial Average
Ticker Symbol: DXD
Approximate Number of Stocks in this ETF: 30
Types of Companies Included: Companies which are part of the Dow Jones Industrial Average. The Dow Jones Industrial Average is one of the most widely followed and quoted market indices in the world.
Daily Target: -2x
Leveraged-Short ETF: This ETF allows investors to take a leveraged bearish position against the Dow Jones Industrial Average. If the Dow Jones Industrial Average goes down, this ETF is designed to go up twice the amount the index went down. Conversely, if the Dow Jones Industrial Average goes up, this ETF is designed to go down twice the amount the index went up.
Related Links:
List of ETFs Focusing the Dow Jones Industrial Average