Name of ETF: ProShares UltraShort Gold Miners ETF
Benchmark Index: NYSE Arca Gold Miners Index
Ticker Symbol: GDXS
Approximate Number of Stocks in this ETF: 35
Types of Stocks Included in this ETF: Global companies which are involved in mining gold and/or silver.
Daily Multiplier: -2x
Leveraged-Short ETF: This ETF allows investors to take a leveraged bearish position against the NYSE Arca Gold Miners Index. If the NYSE Arca Gold Miners Index goes down, this ETF is designed to go up twice the amount the index went down. Conversely, if the NYSE Arca Gold Miners Index goes up, this ETF is designed to go down twice the amount the index went up.
Related Links:
List of Global Gold Mining ETFs