This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

'Inverse' Funds Surged in October

With the S&P 500 losing 16.8%, the Nasdaq 100 down 16.3% and the Dow Jones Industrial Average off 13.9% in October, all 10 of the best-performing exchange-traded funds in October were inverse funds.

The top ETFs with their one-month total returns for last month were:

PowerShares DB Crude Oil Double Short ETN (DTO) at 66.6%, PowerShares DB Base Metals Double Short ETN (BOM) with 53.5%, PowerShares DB Commodity Double Short ETN (DEE) at 51.4%, ProShares UltraShort Real Estate (SRS) with 50%, ProShares UltraShort Russell2000 Growth (SKK) at 41.2%, ProShares UltraShort Russell MidCap Growth (SDK) with 38.2%, Rydex Inverse 2x S&P MidCap 400 ETF (RMS) at 37.4%, ProShares UltraShort Industrials (SIJ) with 36.7%, ProShares UltraShort MidCap400 (MZZ) at 36.5%, and Rydex Inverse 2x Russell 2000 ETF (RRZ) with 36.4%.

Five of the funds have been trading for at least a year, the minimum duration necessary to qualify for a rating by our risk-adjusted return ranking system. The ProShares UltraShort Real Estate ETF returned 33% over the past year, earning a C- rating. At 84.2% for the same period, the ProShares UltraShort MidCap400 ranked on the high side of average at C+.

ProShares UltraShort Russell2000 Growth scored a rating of A, returning 92% for the year ending Oct. 31. This excellent performance was trumped by the 106.6% gain from ProShares UltraShort Industrials and 124.1% increase from ProShares UltraShort Russell MidCap Growth. Both of those ETFs topped out with A+ ratings.

Source: Ratings.

Read this for an explanation of our ratings.
Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
SDK $0.00 0.00%
SKK $0.00 0.00%
SIJ $43.77 0.00%
BOM $21.75 0.00%
DTO $97.74 0.00%


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs