![]() ![]() This article was last updated on October 27, 2022.įor more news, information, and strategy, visit VettaFi. The fund’s expense is a bit higher at 0.95%. Investments include equity securities from the index, derivatives including SWAP agreements and futures contracts, and money market instruments for short-term cash management. The Ultra Dow30 is a leveraged ETF that seeks to replicate two times the daily performance of the DJIA. The fund invests in a number of securities to achieve its objective. Investors bullish on the returns of the Dow can look at this leveraged ETF from ProShares. The fund offers a tactical investment opportunity for investors who may believe that infrastructure is due to experience a supercycle. ![]() NDJI seeks high levels of monthly income generated from both the dividends received from equity holdings and premiums from the options collar. It also generally uses a “replication” strategy when investing in the Dow but will switch to a “representative sampling” at the sub-advisor’s discretion and when it’s believed to be in the fund’s best interest. The Trust’s Portfolio consists of substantially all of the component common stocks that comprise the DJIA, which are. The ETF uses an options collar strategy to mitigate volatility and provide a measure of downside protection. The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the DJIA). NDJI is an actively managed fund that invests in a portfolio of securities included in the DJIA. The Fund seeks to provide investment results that, before expenses. Nationwide Dow Jones Risk-Managed Income ETF (NDJI) SPDR Dow Jones Industrial Average ETF Trust is an open-end management investment company. ![]() Expenses for DIA are also relatively low at 0.17%, allowing for minimal tracking error. DIA invests in all the stocks of the Dow and weights them comparatively to the underlying index. When most people think of an ETF to invest in, this is the one that comes to mind. Constituents are sorted in decending percent (of the entire fund) and show the number of shares held by the ETF. It was launched in 1998 and has a history of tracking the index accurately. flipcharts download ETF Composition DIA Related ETF s Compare Symbols ETF Constituents The Constituents page, valid for ETF symbols only, shows the equity holdings that make up the Exchange Traded Fund. The SPDR Dow Jones Industrial Average ETF is a reliable ETF for replicating the performance of the Dow. So yes, TECS is a fine way for active traders to put on short-term, bearish Dow positions.SPDR Dow Jones Industrial Average ETF (DIA) That index is also home to four more Dow components: Visa V, Intel INTC, Cisco CSCO and IBM IBM. Holdings Count 31 Total Assets 28.62B Top 10 Percentage 55. The top 10 holdings are 55.36 of the assets. TECS looks to deliver triple the daily inverse returns of the Technology Select Sector Index, a benchmark that devotes almost 40% of its weight to Apple and Microsoft MSFT. Overview Holdings Dividends Chart DIA Holdings Information DIA has a total of 31 holdings, mostly large-cap stocks from the United States that are in the Dow Jones Industrial Average index. With Boeing's slide, the industrial sector is losing prominence in the Dow while tech is now the benchmark's biggest sector weight at 24.44%. Obviously, the Direxion Daily Technology Bear 3X Shares TECS is an inverse technology play and not focused on the Dow Jones Industrial Average. The Constituents page, valid for ETF symbols only, shows the equity holdings that make up the Exchange Traded Fund. Direxion Daily Technology Bear 3X Shares (TECS)Ĭlearly, the first two bearish ETFs highlighted here are dedicated Dow plays. “Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period,” according to ProShares. That's tempting, but traders should still treat SDOG as they would any other leveraged ETF. Last Friday, SDOW gain 12.83% on nearly double the average daily volume, meaning the bearish Dow fund has more than doubled just this month. The last change was 8/21/20, when Amgen ( AMGN ), Honeywell ( HON ), and Salesforce ( CRM) replaced ExxonMobil ( XOM ), Pfizer ( PFE ), and Raytheon Tech ( RTX ). Some bearish leveraged ETFs are thriving in the current environment and the ProShares UltraPro Short Dow30 SDOW is certainly part of that club. Remember that the Dow is a price-weighted, not a cap-weighted index, meaning the stock with the largest price tag takes on the largest weight in the in benchmark. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |