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ProShares Rolls Out Three New Short ETFs
March 18, 2010 10:20 am
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ProShares, the world’s largest purveyor of leveraged and inverse ETFs, launched three short funds on Thursday, including one targeting The ProShares Short FTSE/Xinhua China 25 (NYSEArca: YXI) is the inverse of FXI, an iShares ETF that takes the long position on China’s largest and most heavily traded companies listed on the Hong Kong Stock Exchange. The Bethesda, Md.-based firm also launched the ProShares Short Basic Materials ETF (NYSEArca: SBM) and the ProShares Short Real Estate ETF (NYSEArca: REK). Expense ratios for all of the company’s ETFs are 0.95 percent. The new ETFs join a ProShares lineup of 92 inverse and leveraged ETFs, the largest one of which is the ProShares UltraShort 20+ Year Treasury ETF (NYSEArca: TBT). It’s the single largest leveraged and inverse fund, with about $4.5 billion in assets as of this week. Leveraged and inverse funds are designed for more hands-on, risk-tolerant investors, as long-term returns can vary widely from daily objectives. The new ETFs seek daily investment results that correspond to the inverse of the daily performance of the FTSE/Xinhua China 25 Index, the Dow Jones U.S. Basic Materials Index and the Dow Jones U.S. Real Estate Index, respectively. They’re not designed to achieve these objectives over a period of time greater than one day. The company recently filed with the Securities and Exchange Commission to launch seven funds targeting international markets and the |
Inside ETFs: A Reality Check
The Inside ETFs conference last month was a great opportunity for an ETF analyst like me to escape my ivory tower.Summing Sector SPDRS = SPY?
You’d think owning the nine sector SPDRs in proportion to their weightings in the S&P 500 is a way to recreate SPY. But you’d be wrong.-
January 30, 2012
WisdomTree Swings To Fourth-Quarter Profit WisdomTree swings to a fourth-quarter profit, but net income slips from third quarter as average assets fall. -
January 23, 2012
Inside ETFs: Live Blog, Day One Join IndexUniverse's live blog of the 5th annual Inside ETFs conference. -
January 18, 2012
First Trust Plans Small-Cap AlphaDex ETFs First Trust to add two broad small-cap international ETFs to its AlphaDex lineup. -
January 03, 2012
2011 ETF Flows: EEM Bleeds, VWO Exceeds The battle of VWO vs. EEM ends 2011 with an exclamation point. -
December 22, 2011
Barclays: Time For Measured Risk-Taking With disaster in Europe averted for now and the U.S. looking up, it may be time for investors to take on a bit of risk, Barclays says.
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