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

Rally Hasn't Erased Losses for Bullish ETFs

Of the 74 leveraged funds that take short positions, 26 were introduced in the past year. Thirty of the remaining 48 funds have generated returns in the past year. But the one-year average for the group has shrunk to 9.1%.

Industrial stocks have surged in the past month, causing the ProShares UltraShort Industrials (SIJ) to lose 26%. The fund's one-year return has withered to 39% from 188% two months ago.

Best Performing Inverse ETFs Surrender Gains
Fund (Ticker) Rating Total Return 1 Month Total Return 1 Year
PowerShares DB Commodity Double Short ETN (DEE) U 2.00% 209.78%
PowerShares DB Commodity Short ETN (DDP) U 0.36% 86.87%
PowerShares DB Agriculture Double Short ETN (AGA) U -6.60% 48.64%
ProShares UltraShort Industrials (SIJ) B+ -26.15% 39.30%
ProShares UltraShort Utilities (SDP) C+ -5.58% 38.62%
PowerShares DB Agriculture Short ETN (ADZ) U -4.16% 36.90%
Rydex Inverse 2x S&P 500 ETF (RSW) C -15.42% 36.03%
ProShares UltraShort Dow30 (DXD) C+ -11.07% 34.91%
ProShares Short MSCI EAFE (EFZ) C -8.50% 28.83%
ProShares UltraShort S&P500 (SDS) C+ -15.61% 28.00%
Source: Ratings & Bloomberg 5/5/2009

Unlike mutual funds, which are meant to be held for years, leveraged ETFs are designed for short-term trading.
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.
2 of 2

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
SIJ $46.81 0.00%
UYG $52.66 0.00%
BAC $11.95 0.00%
C $37.54 0.00%
URE $82.89 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs