Inverse ETFs To Play The Decline In Tech

Inverse ETFs to Play the Decline

We have highlighted seven leveraged inverse ETFs from the tech space that investors can consider, though these involve a great deal of risk when compared to traditional products. While the strategy is highly beneficial for short-term traders, it could lead to massive losses compared with traditional funds in volatile markets.

Still, for ETF investors, who are bearish on the tech sector for the near term, any of the below-mentioned products could be intriguing options. However, these could be attractive for those with high-risk tolerance.

ProShares UltraShort Technology REW

The fund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Technology Index. It has attracted $9.1 million in its asset base and charges 95 basis points (bps) in annual fees.

Daily Dow Jones Internet Bear 3X Shares WEBS

This fund seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite), of the performance of the Dow Jones Internet Composite Index. It has attracted $7.4 million in its asset base and charges 1.07% in annual fees (read: Top 4 Inverse/Leveraged ETF Areas of Last Week).

ProShares UltraPro Short QQQ SQQQ
 
This ETF provides three times inverse exposure to the daily performance of the Nasdaq-100 Index, charging 95 bps in annual fees. It has AUM of $1.95 billion (read: Wall Street Plunges: Make Profits From These Inverse ETFs).

Direxion Daily Cloud Computing Bear 2X Shares CLDS

This ETF targets the cloud computing segment offering two times inverse exposure to the performance of the Indxx USA Cloud Computing Index. With AUM of $20.9 million, CLDS has expense ratio of 1.07% (read: 7 Best Leveraged/Inverse ETFs Up 20% Plus in March).

MicroSectors FANG+ Index -3X Inverse Leveraged ETNs FNGD

This note seeks to offer three times inverse leveraged exposure to the NYSE FANG+ Index, which is an equal-dollar weighted index targeting the highly-traded growth stocks of next-generation technology and tech-enabled companies. The ETN has accumulated $68 million in its asset base. It charges 95 bps in annual fees (read: 7 Inverse ETFs Riding High on Nasdaq Sell-Off).

View single page >> |

Disclaimer: Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.