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PROB

16.49200 EUR
0.474
2.79%
Last update Jun 20, 6:55 PM CEST
Market closed
Day range
15.95400
16.58800
Previous close
16.96600
Open
16.43400
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ProShares UltraPro Short Russell2000
16.49
0.47
2.79%

Overview

Description

ProShares UltraPro Short Russell2000 is an exchange-traded fund (ETF) that aims to provide three times the inverse daily performance of the Russell 2000 Index, a benchmark that measures the performance of 2,000 small-cap companies in the United States. This ETF is primarily utilized by investors looking to capitalize on declining markets within the small-cap segment, offering them the ability to potentially profit from downward trends. It serves as a tool for those seeking to hedge against potential losses in conventional investments tied to the Russell 2000. The fund achieves its objective by engaging in a variety of financial instruments, such as derivatives, swaps, and futures contracts. As part of its design, ProShares UltraPro Short Russell2000 is most effective for short-term tactical strategies due to its daily resetting performance leverage, making it a significant vehicle in the financial markets for active traders and portfolio managers managing directional bets on market downturns. However, its leveraged nature also implies higher volatility and potential risks, emphasizing its role in sophisticated trading strategies.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
Market closed

Exchange is currently closed
Main market opens in 1 hour 6 minutes

06:53
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).