Hi guys, this stock BBUS is a strong bear fund for the S&P 500 ETF
It says if the S&P 500 falls 1% than BBUS should go up 2-2.75%
and if the S&P 500 goes up 1% BBUS falls 2-2.75%
Yet a couple of days ago the S&P 500 fell 4% yet BBUS only went up 5.3%, according to their stats it should have gone up like 8-10%
anyone following this one, as someone who thinks the US markets could crash, I was looking at something that I could short the US market with, this looked perfect but if it barely follows the ETF managers formula, I don't know.
anyone got any thoughts on this one?
I know there is a BEAR ETF but that's only against aussie stocks, I think the US stocks will fall a lot more than ours will as the US market is so overvalued.
-
- There are more pages in this discussion • 14,477 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |