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SLDR

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1d
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1m

Analysis and statistics

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About

SLDR.US represents the Defiance Daily Short Silver ETF. This exchange-traded fund (ETF) aims to deliver the inverse of the daily performance of the silver market. In essence, it is designed to increase in value when the price of silver declines and decrease in value when the price of silver increases. Investors use SLDR as a tool for hedging against potential losses in silver holdings or for speculating on the short-term downward movement of silver prices. Like all leveraged and inverse ETFs, SLDR is intended for short-term investment horizons and is not suitable as a long-term investment due to the effects of compounding.
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Factors

Silver Price: SLDR mirrors silver's spot price, so silver market fluctuations directly impact its value.

Supply & Demand: Higher demand for SLDR shares versus supply increases the price, and vice versa.

Market Sentiment: Overall investor confidence or fear regarding the economy and precious metals influences SLDR price.

Interest Rates: Rising interest rates can decrease SLDR appeal as investors may prefer yield-bearing assets.

Currency Fluctuations: The USD/other currencies exchange rates affect silver's price, which in turn impacts SLDR.

Inflation: Higher inflation might increase SLDR price as silver is seen as an inflation hedge.

ETF Management Fees: SLDR's expense ratio slightly reduces returns compared to the underlying silver performance.

Geopolitical Events: Global events and political instability can drive investors towards safe-haven assets like silver.

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