RXDProShares UltraShort Health Care
RXD Fund Description
RXD provides -2x exposure to a market-cap-weighted index of US health care companies.
RXD Factset Analytics Insight
RXD provides daily geared inverse (-2x) exposure to the Dow Jones US Health Care Index, a broad, cap-weighted health care index that includes pharma, biotech, healthcare services and equipment companies. The fund will likely tilt towards pharma and healthcare equipment firms given their vast cap in essence, a leverage bet on these sectors. Investors should be cognizant of the fund's daily rebalancing, which can lead to profound differences in expected returns over the long haul. Still, compounding is a double-edged sword, it can work in investors' favor in trending markets. Due to daily compounding, it’s unlikely to achieve its stated exposure and returns for longer than a 1-day period.
RXD Summary Data
RXD Portfolio Data
RXD Index Data
RXD Fund Structure
RXD Tax Exposures
RXD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RXD. RXD is rated a N/A out of 5.