Global X Ultra Short Nasdaq 100 ETF

The Global X Ultra Short Nasdaq 100 ETF is an exchange-traded fund designed to provide amplified short exposure to the Nasdaq-100 Index, which comprises 100 of the largest non-financial companies listed on the Nasdaq Stock Market. By offering a leveraged inverse exposure, this ETF allows investors to potentially benefit from declines in the index’s value, making it a strategic tool for those looking to hedge portfolio risk or capitalize on market downturns. The fund is inherently complex due to its use of financial derivatives, which aim to achieve a multiple of the inverse return of the Nasdaq-100 on a daily basis. This characteristic makes it particularly relevant for sophisticated investors or traders with a keen understanding of market dynamics and short-term movements. As part of the Global X family of ETFs, this asset plays a significant role in the toolbox of risk management instruments that support active trading strategies.