SRTY

Historical performance data for SRTY can be reviewed on financial platforms and includes information about past returns and NAV. The performance of SRTY should be evaluated in the context of its daily inverse correlation with the Russell 2000 Index.

Yes, SRTY can be held in retirement accounts such as IRAs or 401(k)s. However, due to its high risk and speculative nature, it is important to consider whether it aligns with the investor’s long-term retirement strategy.

SRTY aims to provide the inverse of the daily performance of the Russell 2000 Index. It does not seek to match the inverse performance over longer periods due to the effects of compounding and daily rebalancing. Investors should be aware that returns over periods longer than one day may differ significantly from the inverse of the index’s performance due to these factors.

Similar ETFs to SRTY include TZA (Direxion Daily Small Cap Bear 3X Shares) and SH (ProShares Short S&P500). These ETFs also aim to provide inverse performance relative to their respective indices, though they may use different strategies and leverage levels.

SRTY specifically targets the inverse performance of the Russell 2000 Index. Other inverse ETFs might track different indices, such as the S&P 500 or the Nasdaq-100, or might use different leverage strategies. Each inverse ETF has distinct characteristics based on its target index and investment strategy.

Factors affecting SRTY’s performance include changes in the Russell 2000 Index, market conditions, and the effectiveness of the fund’s derivatives strategy. Additionally, the effects of daily rebalancing and compounding can lead to performance deviations over periods longer than one day.

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

Risks include high volatility and the potential for significant losses if the Russell 2000 Index increases in value. Because SRTY is designed to provide inverse returns on a daily basis, its performance may deviate from the inverse performance of the index over longer periods. This is due to the effects of daily rebalancing and compounding.

SRTY has an expense ratio of approximately 0.95%. This fee covers the costs associated with managing the fund, including administrative and operational expenses.

Key performance metrics for SRTY include its net asset value (NAV), expense ratio, total return, and tracking error. NAV reflects the per-share value of the ETF, while the expense ratio indicates the cost of managing the fund. Total return shows the ETF's performance, including dividends, and tracking error measures how closely the fund’s performance matches its investment objective.