CNBC Weekly Trivia: UltraShort S&P500 ProShares (SDS)

Warning: UltraShort S&P500 ProShares Not For Long Term Positions
The UltraShort S&P500 ProShares Fund (Ticker SDS) may strive for daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the S&P 500 index, but the expense drag to create the leverage makes the fund unsuitable for a long term "investment." The article shows why.

CNBC Weekly Trivia Question for week 9:

• If the S&P 500 goes down 1%, how much does SDS go up?

Weekly Answer for week #9:

• 2%
  
  
• Warning! Expense drag can be a real problem with SDS as this article explains:

SDS Warning: UltraShort S&P500 ProShares Not For Long Term Positions

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