barg

Explaining Inverse and Leveraged ETFs

by that i mean, take for instance DXO : DXO was well below 4 at a time when the oil price wasn't even at its lowest. A few days ago, oil hit its 52 week low, and still DXO traded above 4...


On Nov 07 06:42 PM barg wrote:

> Still unclear to me what makes the "valuation" of the ETF; how does
> the street know the value of the ETF at that particular time e.g.
> with SKF. What is it that makes it go down over time, as one would
> assume that it inversely tracks IYF ?