DXD

DXD has an expense ratio of approximately 0.95%. This fee covers the costs of managing the ETF, including trading costs and administrative expenses.

DXD typically distributes dividends on a quarterly basis. These dividends are derived from the income generated by the underlying securities and derivatives held by the ETF.

Investors can purchase shares of DXD through a brokerage account. It is traded on major stock exchanges under the ticker symbol "DXD" and can be bought and sold like other stocks and ETFs.

DXD is managed to achieve its goal of providing twice the inverse daily performance of the DJIA. The fund utilizes leverage by employing financial derivatives such as futures contracts, options, and swaps to amplify its inverse exposure. The ETF is rebalanced daily to maintain its targeted leverage ratio.

DXD adjusts its holdings and leverage daily to maintain its objective of providing twice the inverse daily performance of the DJIA. Changes in the index’s composition are reflected in the fund’s adjustments to maintain the targeted inverse exposure.

Yes, DXD can be held in retirement accounts such as IRAs or 401(k)s. However, due to its high-risk and leveraged nature, it is important to consider whether it aligns with your long-term investment strategy and risk tolerance.

Risks include high volatility and potential for significant losses if the DJIA rises. Due to its leveraged inverse nature, DXD can experience large swings in value, and its performance over periods longer than one day may not precisely mirror twice the inverse of the DJIA's performance.

DXD specifically targets twice the inverse daily performance of the DJIA. Other leveraged inverse ETFs may focus on different indices or leverage levels. For example, SDS seeks twice the inverse of the S&P 500 Index, while QID provides twice the inverse of the Nasdaq-100 Index.

DXD aims to provide twice the inverse of the DJIA's daily performance. Over one-day periods, it targets double the opposite movement of the DJIA. Due to daily rebalancing and the effects of compounding, performance over longer periods can differ significantly from twice the inverse of the DJIA's performance.

Key performance metrics for DXD include its net asset value (NAV), expense ratio, total return, and tracking error. NAV indicates the per-share value of the ETF, the expense ratio reflects management and operational costs, total return encompasses income and capital gains, and tracking error measures deviation from the fund’s target performance.