The Bear Market 1.5X folio was developed for sophisticated contrarian investors seeking aggressive short-term growth with high downside risk and volatility.
The Bear Market 1.5X folio consists of ETFs that are designed to be negatively or inversely correlated with the overall market performance of the indices they are compared to on a daily basis.
As economic cycles run their course of expansion and contraction, this folio can provide a short-term hedge during market downturns or periods of significant volatility. This folio can also be used if your other assets are exposed to the movements (or volatility) of the broader market and you want to reduce risk while retaining those other assets. This folio should not be used as part of a long-term strategy.
Because this folio is designed to perform inversely relative to the market on a daily basis, it can be very volatile and could suffer substantial losses. For example, if the market increases 1% on a given day, the folio is designed to decrease 1.5% on that same day and vice versa for market decreases.
Additionally, because the weighting of the securities used in the ETFs that comprise this folio are usually reset daily by the issuers of the ETFs to take into account changes in the market, the performance of these ETFs deviates over longer periods from what might otherwise be expected. Consequently, this folio is best used for a short-term hedge or position, as opposed to use as part of a long-term strategy.
The Bear Market 1.5X folio inversely correlates to 1.5 times the daily performance of its corresponding index. Due to the compounding of daily returns, returns over periods greater than 1 day will likely differ in amount and possibly direction from the target return for the same period. Consequently, assets invested in leveraged ETFs should be monitored daily at a minimum. For more information, please click here.
Last Updated: July 20, 2018
Inception Date: 2008-02-21 00:00:00.0
Date Funded: 2009-08-31*
|Year to Date||-10.08%||5.9%|
|1 Year Volatility||15.56%||12.54%|
* Returns reflect model performance from the Inception Date to the Date Funded, and funded performance since the Date Funded, if funded. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a strategy has been updated that you place orders to update your holdings.
(% of Folio)
|1||DXD||proshares ultrashort dow 30||10.00%|
|2||MYY||proshares short midcap 400||20.00%|
|3||MZZ||proshares ultrashort midcap 400||3.00%|
|4||PSQ||proshares short qqq||15.00%|
|5||QID||proshares tr ultshrt qqq||6.00%|
|6||RWM||proshares short russell2000||17.00%|
|7||SDS||proshares ultrashort s&p 500||6.00%|
|8||SH||proshares short s&p 500||20.00%|
|9||TWM||proshares ultrashort russell2000||3.00%|
The number of securities in this folio may vary.
If the characteristics of the Folio have changed substantially, the securities included may change. Also, corporate actions, such as a merger, or other events may cause changes to the securities held at any time. Your returns may deviate significantly from the values displayed here, due to many factors, including how long after a Folio has been updated that you place orders to update your holdings.