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SRTY

$--
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1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

SRTY.US refers to the ProShares UltraPro Short Russell2000 ETF. This ETF aims to deliver three times the inverse (-3x) of the daily performance of the Russell 2000 Index, which tracks the performance of 2,000 small-capitalization U.S. companies. It is designed for sophisticated investors who seek to profit from a decline in the Russell 2000 Index and understand the risks associated with leveraged and inverse ETFs.
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Factors

Russell 2000 Index: SRTY is designed to inversely correlate to the Russell 2000. A rising Russell 2000 typically decreases SRTY's price.

Interest Rates: Interest rate changes can indirectly impact SRTY. Higher rates may slow economic growth, potentially affecting small-cap stock performance in the Russell 2000.

Market Sentiment: Overall investor risk appetite significantly influences SRTY. Increased risk aversion often leads to declines in small-cap stocks, benefiting SRTY.

Volatility: The volatility of the Russell 2000 impacts SRTY's daily performance. Higher volatility generally means larger price swings, amplifying SRTY's movements.

Expense Ratio: SRTY's expense ratio is a cost. It's deducted from the fund's assets. This reduces the overall return over time.

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