Fund BasicsSee More
- Fund Family ProShares
- Assets Under Management 75,833,600
- Shares Outstanding, K 4,034
- 60-Month Beta -3.74
- Price/Earnings ttm 0.00
- Annual Dividend & Yield N/A (0.00%)
- Most Recent Dividend N/A on N/A
- Management Fee 0.95%
|Period||Period Low||Period High||Performance|
| || |
-2.50 (-11.34%)since 05/17/21
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-6.22 (-24.15%)since 03/17/21
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-59.42 (-75.25%)since 06/17/20
NASDAQ Down Another 4% as Tech Selloff Continues
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A Familiar Foe Awakens
These ETF strategies should be helpful for investors amid an energy market rout.
Declining demand and OPEC+ producers' inability to crack an output cut deal dragged down oil prices and triggered a price war. These ETFs should be watched closely.
The breakdown of the OPEC+-led output cut program dragged oil prices down while the commodity might see some price gains due to bargain hunting.
The spread of China's coronavirus has hurt oil prices and benefited inverse oil ETFs.
Given the abrupt changes in oil price and an uncertain outlook, investors should place their bet on oil ETFs cautiously or take advantage of the quick turn in sentiment with the help of leveraged or inverse...
Given the abrupt changes in oil price and an uncertain outlook, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of ETFs.
|3rd Resistance Point||21.38|
|2nd Resistance Point||20.72|
|1st Resistance Point||20.13|
|1st Support Level||18.88|
|2nd Support Level||18.22|
|3rd Support Level||17.63|