SSG Profile
The
Ultrashort Semiconductors -2X ETF (SSG) is an exchange-traded fund
(ETF) that seeks to provide investors with inverse exposure to US
semiconductor companies, while also seeking to amplify the returns of
the underlying index. The ETF's objective is to provide twice the
inverse performance of the Dow Jones U.S. Semiconductors Index.
SSG invests in derivatives such as futures contracts and swap
agreements to gain inverse exposure to US semiconductor companies,
while also seeking to provide amplified returns of the underlying
index. The ETF's holdings are selected based on factors such as
liquidity and market capitalization.
As of September 2021, the
SSG ETF has a net asset value (NAV) of approximately $10 million and
holds a portfolio of derivatives contracts. The ETF's expense ratio is
0.95%, which is relatively high compared to other ETFs.
SSG has
a track record of providing investors with inverse exposure to US
semiconductor companies, while seeking to amplify returns. Since its
inception in 2007, the fund has provided investors with an annualized
return of around -22% (as of March 23, 2023).
Overall, the
Ultrashort Semiconductors -2X ETF (SSG) could be a good investment
option for investors looking to gain inverse exposure to US
semiconductor companies, while also seeking to amplify returns.
However, as with any investment, it is important to conduct thorough
research and consider factors such as risk tolerance, investment
objectives, and fees before making a decision. Additionally, investors
should be aware that investing in leveraged or inverse ETFs involves
higher risks compared to traditional ETFs, and that the ETF's
performance may not match its stated objective over the
|
