A Canadian ETF that would short the S&P 500 or the NASDAQ? Doesn’t know of any on the Canadian side, but there is this one in the US. They take the S&P 500 and pick out a number of stocks, usually around 30 or 40, that their prognosis suggests are overvalued, and they Short the stocks. A great way of buying a basket of shorted stocks. It is about 95% negatively correlated to the S&P 500. Will do pretty much exactly the opposite of the S&P 500.
(A Top Pick Aug 17/12. Down 4.07%.) This is an ETF that Shorts fundamentally poor companies. Can be an okay hedge in your portfolio if you are beginning to feel a little bit cautious about the markets. Likes the concept for short-term periods where you are little bit bearish and you want to offset some of the possible negatives on some of your long stocks.
Short lousy companies and you get some more oomph in the markets. Don’t use in isolation. Add this to your portfolio of longs to stop you falling as much in a bear market.
Active Bear ETF is a American stock, trading under the symbol HDGE-N on the NYSE Arca (HDGE). It is usually referred to as AMEX:HDGE or HDGE-N
In the last year, there was no coverage of Active Bear ETF published on Stockchase.
Active Bear ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Active Bear ETF.
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In the last year, there was no coverage of Active Bear ETF published on Stockchase.
On 2024-12-13, Active Bear ETF (HDGE-N) stock closed at a price of $17.07.