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FLV

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

Analysis and statistics

  • Open
    73.0021$
  • Previous Close
    73.335$
  • 52 Week Change
    --
  • Day Range
    -0.33$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FLV.US refers to ProShares Ultra Bloomberg Natural Gas, an exchange-traded fund (ETF) designed to provide leveraged exposure to the daily performance of the Bloomberg Natural Gas Subindex. It aims to deliver twice (2x) the daily return of the index, meaning it amplifies both gains and losses. Due to its leveraged nature, it's primarily intended for short-term trading rather than long-term investment.
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Factors

Expense Ratio: FLV.US has expenses that reduce returns.

Holding Composition: Performance of the underlying stocks directly impacts the ETF's value.

Leverage: Being a leveraged ETF, price changes are magnified compared to the index.

Market Sentiment: Overall investor optimism or pessimism influences demand and price.

Index Performance: The S&P 500's daily performance is the primary driver.

Interest Rates: Changes affect borrowing costs associated with leverage.

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