SRTY

Factors affecting SRTY’s performance include changes in the Russell 2000 Index, market conditions, and the effectiveness of the fund’s derivatives strategy. Additionally, the effects of daily rebalancing and compounding can lead to performance deviations over periods longer than one day.

SRTY aims to provide the inverse of the daily performance of the Russell 2000 Index. It does not seek to match the inverse performance over longer periods due to the effects of compounding and daily rebalancing. Investors should be aware that returns over periods longer than one day may differ significantly from the inverse of the index’s performance due to these factors.

Investors can purchase shares of SRTY through a brokerage account. It is traded on major stock exchanges under the ticker symbol "SRTY," and can be bought and sold like other stocks and ETFs.

Similar ETFs to SRTY include TZA (Direxion Daily Small Cap Bear 3X Shares) and SH (ProShares Short S&P500). These ETFs also aim to provide inverse performance relative to their respective indices, though they may use different strategies and leverage levels.

Risks include high volatility and the potential for significant losses if the Russell 2000 Index increases in value. Because SRTY is designed to provide inverse returns on a daily basis, its performance may deviate from the inverse performance of the index over longer periods. This is due to the effects of daily rebalancing and compounding.

SRTY adjusts its holdings and derivatives positions daily to maintain its objective of delivering the inverse performance of the Russell 2000 Index. Changes in the index’s composition are reflected in the fund’s adjustments.

SRTY specifically targets the inverse performance of the Russell 2000 Index. Other inverse ETFs might track different indices, such as the S&P 500 or the Nasdaq-100, or might use different leverage strategies. Each inverse ETF has distinct characteristics based on its target index and investment strategy.

Yes, SRTY can be held in retirement accounts such as IRAs or 401(k)s. However, due to its high risk and speculative nature, it is important to consider whether it aligns with the investor’s long-term retirement strategy.

SRTY has an expense ratio of approximately 0.95%. This fee covers the costs associated with managing the fund, including administrative and operational expenses.

SRTY is actively managed to track the inverse daily performance of the Russell 2000 Index. The fund uses derivatives, such as futures contracts and swaps, to achieve its investment objective. This active management involves daily rebalancing to maintain its inverse correlation with the index.