What is the opposite of SPXU?
The SPXU is known as a Reverse ETF. The UPRO on the other hand does just the opposite. For every percentage point that the S & P 500 Index moves up, UPRO should move up 3% or by a factor of 3X. With today’s volatile markets, trading the UPRO and the SPXU can add substantial returns to one’s portfolio.
What is VXX and VIX?
The VXX is an Exchange Traded Note (ETN) that tracks the VIX short-term futures. One of the most frequent opportunities the VXX has to outperform the VIX is when we are in backwardation, which is when the front month future is worth more than the back month future.
What is the difference between SPXS and SPXU?
Both ETFs have a similar investment objective, but the ETFs’ fundamental difference is SPXU’s investment focus on financial derivatives. SPXS has an annualized return of -46.08% in the table below compared to SPXU’s annualized return of -45.31%. Hence, SPXU performed 0.77% better than SPXS.
What is a Bear 3X ETF?
About Direxion Daily S&P 500® Bear 3X ETF The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® Index.
Is SPXU safe?
No matter what they invest in, traders and investors are exposed to a multitude of risks, such as correlation risk, equity risk, market risk, intraday price-performance risk, counterparty risk, and non-diversification risk when trading SPXU. The ProShares UltraPro Short S&P 500 ETF carries greater risks than most.
What stock is opposite of spy?
SH – ProShares Short S&P 500 The ProShares Short S&P 500 (SH) is the most popular inverse ETF, with nearly $3 billion in assets. The fund provides a -1x daily return of the S&P 500 Index. If the S&P 500 Index drops by $1, this ETF will rise by roughly $1. This ETF has an expense ratio of 0.89%.
Can the VIX go to zero?
VIX options are powerful instruments that traders can add to their arsenals. They isolate volatility, trade in a range, have high volatility of their own, and cannot go to zero.
Is SPXS a good investment?
SPXS is an extremely aggressive bet against the S&P 500, promising to provide -300% of the index’s return for a one-day period. Investors should be comfortable with not just the mechanics of the portfolio but the counterparty risk it takes on to get its exposure: SPXS holds swaps on the index to achieve its goals.
What does 3X exposure mean?
Leveraged 3X ETFs are funds that track a wide variety of asset classes, such as stocks, bonds and commodity futures, and apply leverage in order to gain three times the daily or monthly return of the respective underlying index. Such ETFs come in the long and short varieties.
What is a 3X leveraged ETN?
Which is the opposite of a phobia or fear?
Opposite of an unpleasant emotion caused by the perception of danger, pain, or harm. Opposite of a phobia, usually irrational or obsessive. Opposite of a feeling of terrified reverence, particularly towards deities. Opposite of a concern for something or someone.
How is spxu compared to the S & P 500?
SPXU has an alpha, against the S&P 500 Total Return Index, of negative 4.74. Its beta is negative 2.9 and its R-squared is 99.2. The SPXU Sharpe ratio is negative 1.15. Based on Modern Portfolio Theory (MPT), the fund’s alpha indicates it underperformed the S&P 500 Total Return Index by an annualized 4.74% over the last five years.
Which is the best synonym for the word fear?
1 the emotion experienced in the presence or threat of danger. the sight of the headless horseman filled the schoolmaster with fear. Synonyms for fear. alarm. (also alarum), anxiety, dread, fearfulness, fright,
Who is Dian Fossey and what is the opposite of fear?
“Dian Fossey was a primatologist who found comfort among the brutish yet majestic gorillas.” “Some subscribe to the theory that the indifference towards Gods and religion gives them greater freedom to do whatever they want.” “Peter’s unconcern for his children’s welfare would result in authorities taking them away.”