Seeking Alpha

bananatrader » Comments » QID

  • UltraShort ETFs: At a Tipping Point? [View article]
    Did you know that DIG/DUG have no relationship to XLE? Yeah, it's true. Read the prospectus (hmmm... a little research maybe?) and you'll find out that they are based on IYE, the iShares Dow Jones US Energy index.


    On Nov 15 10:30 AM HaavBline wrote:

    > Some of the ProShare UltraShorts seem to have failed dramatically
    > to track its index. Complare charts of XLE, DIG, and DUG, and you
    > will see what I meant.
    >
    > DUG seems to have failed miserably to track XLE trends since early
    > October. I saw this pattern in some other Double Shorts ETFs also.
    > What's going on?
    Nov 16 23:35 pm |Rating: 0 0 |Link to Comment
More on QID by bananatrader
Comments by Ticker
bananatrader's
Comments Stats
5 comments
Rating: 5 (5 - 0 )