Key stats
About BETAPRO GOLD BULN 2X DAILY BEAR ETF SHS (POST REV SPLIT)
Expense ratio
2.71%
Home page
Inception date
Jan 22, 2008
The fund makes bearish bets on the price of gold. Its inverse exposure is benchmarked to the price performance of the Solactive Gold Front Month MD Rolling Futures Indexan index tracking a rolling futures position on gold. The fund is designed for tactical use as opposed to long-term investment, therefore, compounding can cause the fund's return to vary significantly from the headline -2x exposure if held for longer than one day. To obtain exposure over longer periods, investors must monitor and rebalance their position. Investors should also note that holding costs are less important, considering the fund is designed to be held for short periods of time.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash97.21%
Miscellaneous2.79%
Displays a symbol's price movements over previous years to identify recurring trends.