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DOG

$--
--%
1d
1w
1m

Analysis and statistics

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  • Dividend Per Share
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About

The ETF with the symbol DOG.MX refers to the ProShares Short Dow30. This ETF is designed to deliver the inverse (-1x) of the daily performance of the Dow Jones Industrial Average (DJIA). Essentially, it aims to profit when the Dow Jones Industrial Average declines in value. It is important to remember that this ETF is designed for short-term use and is not suitable for long-term holding periods due to the effects of compounding, which can significantly deviate from the inverse performance over extended durations. Investors use DOG.MX as a tool to hedge against potential declines in the Dow Jones or to speculate on a downward market movement in the short term.
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Factors

DOG.MX ETF Price Factors: Underlying Index Performance: The ETF's price mirrors the inverse performance of the S&P/BMV IPC index. A rising IPC likely lowers the ETF's value, and vice versa. MXN/USD Exchange Rate: As a Mexico-based fund, currency fluctuations affect returns for non-MXN investors. A weaker MXN increases the USD value of the ETF. Supply and Demand: High demand can push the ETF price above its net asset value (NAV), while selling pressure can lower it. Management Fees & Expenses: These costs reduce the ETF's overall returns, impacting its market price over time. Trading Volume & Liquidity: Lower trading volume may lead to wider bid-ask spreads and potential price discrepancies.

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