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CCD

$--
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1d
1w
1m

Analysis and statistics

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About

CCD.US refers to ProShares UltraShort Consumer Discretionary, an exchange-traded fund (ETF) that seeks to provide twice the inverse (-2x) of the daily performance of the Dow Jones U.S. Consumer Services Index. In simpler terms, it is designed to profit when consumer discretionary stocks (companies that sell non-essential goods and services) decline in value. It's important to note that this is a leveraged and inverse ETF, making it a complex financial product best suited for short-term trading strategies by sophisticated investors.
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Factors

Net Asset Value (NAV): The underlying value of the fund's assets directly impacts its price.

Supply and Demand: Higher demand usually leads to price increases; greater supply can decrease prices.

Market Sentiment: Overall investor optimism or pessimism influences fund pricing.

Expense Ratio: Higher fees can negatively affect returns, potentially reducing attractiveness.

Fund Performance: A fund's historical and recent performance compared to benchmarks affects investor interest.

Interest Rates: Changes in interest rates impact the attractiveness of fixed-income investments within the fund.

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