FYI: ( Over the years, the Linkster believes its against the nature of the vast majority of individual investors to bet against the market. Betting against the market is for professional investors.)
It’s no secret that a handful of stocks have been driving the market.
During the first half of 2018, four top performers— Amazon.com(ticker: AMZN), Microsoft(MSFT), Apple(AAPL), and Netflix(NFLX)—were responsible for 84% of the S&P 500’s return, according to Goldman Sachs.
Given the momentum of those stocks, it makes sense that short sellers betting against others in the benchmark would have an edge. Yet if you look at the universe of short exchange-traded funds, the most popular ones blindly track benchmarks full of hot tech stocks, promising one, two, or three times the inverse of the daily returns of the S&P 500 or Nasdaq 100.
Regards,
Ted
https://www.barrons.com/articles/the-new-way-to-bet-against-the-market-1538062902M* Snapshot DWSH:
https://www.morningstar.com/etfs/arcx/dwsh/quote.htmlM* Snapshot HDGE:
https://www.morningstar.com/etfs/arcx/hdge/quote.htmlM* Snopshot VESH:
https://www.morningstar.com/etfs/arcx/vesh/quote.htmlM* Snapshot DYB:
https://www.morningstar.com/etfs/bats/dyb/quote.htmlM* Snapshot SH:
https://www.morningstar.com/etfs/arcx/sh/quote.html