What Is SPXU ETF?
The ProShares UltraPro Short S&P 500 (SPXU) is a leveraged inverse exchange traded fund (ETF) that seeks to achieve a three-fold return on the inverse of the S&P 500 Index’s daily performance. The fund, like any other inverse ETF, uses leveraged investments like short sales and futures contracts to move in the opposite direction of […]
