Overview
Description
BetaPro NASDAQ-100 -2x Daily ETF is an exchange-traded fund designed to provide investors with exposure to two times the inverse (-200%) of the daily performance of the NASDAQ-100 Index. This ETF is primarily used by sophisticated investors who seek to capitalize on short-term declines in the NASDAQ-100, an index that consists of 100 of the largest non-financial companies listed on the NASDAQ stock exchange. Featuring inverse leverage, this fund is primarily used for tactical trading, allowing investors to bet against the market with a leveraged impact on their portfolios. It's important to note that due to its leveraged nature, the BetaPro NASDAQ-100 -2x Daily ETF is not intended for long-term holding and may not perfectly correlate with the inverse of the index over extended periods. The ETF plays a niche role in the financial market, often utilized for hedging purposes or speculative strategies by investors with a thorough understanding of the associated risks.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE