Overview
Description
ProShares Ultra Silver Fund is an exchange-traded fund (ETF) designed to amplify the performance of its underlying asset, silver. Its primary function is to deliver returns that are twice the daily performance of silver bullion, which makes it highly attractive to investors looking to capitalize on short-term movements in silver prices. This fund uses financial instruments like futures contracts and swaps to achieve its leveraged returns. It plays a significant role in the commodities and precious metals sectors, impacting industries that include mining, manufacturing, and technology. By offering leveraged exposure, ProShares Ultra Silver Fund allows both institutional and retail traders to gain synthetic access to silver markets without directly trading physical silver. This ETF is particularly notable for its active daily trading, appealing to those who are managing portfolios with a focus on short-term price trends and volatility management. Listed on major stock exchanges, it provides an accessible and potentially rewarding tool for those interested in the precious metals landscape.
About
Address
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Phone
240-497-6400
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX