ProShares UltraShort Financials (SKF)
|Ex-Dividend Date||Mar 25, 2020|
|Day's Range||19.19 - 19.58|
|Inception Date||Jan 30, 2007|
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is designed to measure the stock performance of U.S. companies in the financials industry. The fund is non-diversified.
|Mar 25, 2020||$0.0337||Apr 1, 2020|
|Dec 24, 2019||$0.170||Jan 2, 2020|
|Sep 25, 2019||$0.1706||Oct 2, 2019|
|Jun 25, 2019||$0.2211||Jul 2, 2019|
|Mar 20, 2019||$0.1437||Mar 27, 2019|
|Dec 26, 2018||$0.0573||Jan 3, 2019|
Financial stocks have been going through a rough patch lately due to inverted yield curve. bet on inverse financial ETFs.
The financial sector is widely expected to suffer extended damage from the coronavirus fallout, and this earnings season will provide a glimpse of the devastation.
President Donald Trump has warned America to brace for a "very, very painful two weeks" that will continue to raise the appeal for inverse or inverse leveraged ETFs.
U.S. yield curve has flattened for the first time since October. Buy these ETFs.
Are you spooked by an inverted yield curve? Play these inverse financial ETFs and tide over the widespread financial stock sell-off.