The ProShares ETFs - Exchange Traded Funds allow the trader to Double Short, Short, or take a position Double Long the following Indexes with a single ETF:
- NASDAQ-100 Index
- S&P 500 Index
- S&P MidCap 400 Index
- Dow Jones Industrial Average
- S&P SmallCap 600 Index
- Russell© 2000 Index
| UltraShort ProShares |
Daily Objective |
Ticker Symbol |
| UltraShort QQQ ProShares |
2x Inverse of the NASDAQ-100 Index |
QID |
| UltraShort S&P500 ProShares |
2x Inverse of the S&P 500 Index |
SDS |
| UltraShort MidCap400 ProShares |
2x Inverse of the S&P MidCap 400 Index |
MZZ |
| UltraShort Dow30 ProShares |
2x Inverse of the Dow Jones Industrial Average |
DXD |
| UltraShort SmallCap 600 ProShares |
2x Inverse of the S&P SmallCap 600 Index |
SDD |
| UltraShort Russell 2000© Index ProShares |
2x Inverse of the Russell© 2000 Index |
TWM |
| Short ProShares |
Daily Objective |
Ticker Symbol |
| Short QQQ ProShares |
Inverse of the NASDAQ-100 Index |
PSQ |
| Short S&P500 ProShares |
Inverse of the S&P 500 Index |
SH |
| Short MidCap400 ProShares |
Inverse of the S&P MidCap 400 Index |
MYY |
| Short Dow30 ProShares |
Inverse of the Dow Jones Industrial Average |
DOG |
| Short SmallCap 600 ProShares |
Inverse of the S&P SmallCap 600 Index |
SBB |
| Short Russell© 2000 Index ProShares |
Inverse of the Russell© 2000 Index |
RWM |
| Ultra ProShares |
Daily Objective |
Ticker Symbol |
| Ultra QQQ ProShares |
2x the NASDAQ-100 Index |
QLD |
| Ultra S&P500 ProShares |
2x the S&P 500 Index |
SSO |
| Ultra MidCap400 ProShares |
2x the S&P MidCap 400 Index |
MVV |
| Ultra Dow30 ProShares |
2x the Dow Jones Industrial Average |
DDM |
| Ultra SmallCap 600 ProShares |
2x the S&P SmallCap 600 Index |
SAA |
| Ultra Russell© 2000 Index ProShares |
2x the Russell© 2000 Index |
UWM |
Traded on the AMEX, ProShares ETFs - Exchange Traded Funds are managed by the same group that manages ProFunds mutual funds.
December 26th, 2006 at 9:29 pm
[…] I was out for today’s trading session. If the range on the Nasdaq Composite is any indication of volatility today, it must have been very selective. The ETF QLD - Ultra QQQ Proshares, formed a NR7 trading pattern today. With the Nasdaq finding support at it’s 50-day moving average, and the close near the high of the day, I’ll be watching QLD for a long entry. […]
January 21st, 2007 at 6:53 pm
Just bought some UltraShort Dow30 on Friday. Intel, Apple & IBM all beat analyst forecasts & smart money sold the news. I think this may signal the top of the market. Add on the continued inverted yield curve, stagflation, housing slump, & a dwindling chance of a rate cut… and I think these low-cost hedging instruments are looking good for everyone’s portfolio.
January 21st, 2007 at 10:43 pm
Eric,
Good luck with the DXD.
Agree. I love these new ETFs.
February 6th, 2007 at 9:47 am
[…] does break. This tight trading range is sure a test of patience. Here’s a list of the Proshares I […]
March 13th, 2007 at 8:53 am
[…] thin, but there’s quite a range in recent trading for the Proshares UltraShort TWM. This new ETF trades at 2x inverse the Russell 2000 index. 69.25 would be a 50% […]