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DXD

BMV
569 MXN
0
0%
Last update Apr 28, 1:35 PM CST
Market closed
Day range
569
569
Previous close
569
Open
569
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ProShares UltraShort Dow30
569.00
0
0%

Overview

Description

ProShares UltraShort Dow30 is an exchange-traded fund (ETF) designed to deliver twice the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (Dow 30). This strategic financial instrument aims primarily to capitalize on downward movements in the Dow 30, effectively serving as a tool for investors seeking to hedge against potential declines in this major index. By achieving leveraged inverse exposure, it allows sophisticated investors to protect portfolios or potentially profit from anticipated downturns in large-cap industrial and blue-chip stocks that the Dow 30 represents. Given its inverse nature, ProShares UltraShort Dow30 is most effective when used for short-term trading as part of dynamic investment strategies. It requires careful monitoring due to the risks associated with leveraged and inverse market movements. As such, it holds a unique position in the financial markets, offering specialized, tactical opportunities during periods of market volatility and investor uncertainty. This ETF appeals primarily to those with a deep understanding of market dynamics, who seek to implement advanced risk management or speculative trading approaches without engaging directly in short selling individual stocks.

About

Address
Phone
Website
Instrument type
ETF
Country
Mexico
MIC code
XMEX
Market closed

Exchange is currently closed (non-working day)
Main market opens in 12 hours 38 minutes

19:51
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:30 - 15:00
All times are displayed in the America/Swift_Current timezone (CST, UTC-06:00).