ProShares UltraPro 3x Shrt Crude Oil ETF has a volatility of 3.5 and is 7.95 times more volatile than DOW. 31%
of all equities and portfolios are less risky than ProShares UltraPro. Compared to the overall equity markets, volatility of historical daily returns of ProShares UltraPro 3x Shrt Crude Oil ETF is lower than 31 (%)
of all global equities and portfolios over the last 30 days. Use ProShares UltraPro 3x Shrt Crude Oil ETF to protect against small markets fluctuations. The etf experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of ProShares UltraPro to be traded at $21.86 in 30 days
. As returns on market increase, returns on owning ProShares UltraPro are expected to decrease by larger amounts. On the other hand, during market turmoil, ProShares UltraPro is expected to significantly outperform it.
ProShares UltraPro correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding ProShares UltraPro 3x Shrt Cru and equity matching DJI index in the same portfolio.