FINZProShares UltraPro Short Financial Select Sector
FINZ Fund Description
FINZ provides 3x leveraged inverse exposure for a single day to the S&P Financial Select Sector Index, a market-cap-weighted index of US financials stocks.
FINZ Factset Analytics Insight
FINZ is a 3x leveraged inverse play on the S&P Financial Select Sector Index—a market-cap-weighted index of US financial companies as classified by S&P Dow Jones. Although its expense ratio may seem high, it’s competitively priced when compared with other leveraged and inverse funds. Also, keep in mind that FINZ is designed to be a short-term trading vehicle—not a long-term investment. The fund rebalances daily. As a result, its long-term returns are difficult to predict when compared with its underlying index. Unfortunately, investors and traders alike haven’t paid FINZ much attention. Its meager asset base raises the fund's closure risk to "high", and most days it doesn't trade.
FINZ CHARTS AND PERFORMANCE
FINZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FINZ. FINZ is rated a 5 out of 5.