RXDAlthough it looks scary. This goes the opposite of XLV health care. In my opinioon I think it’s a great time to start averaging some money into this bad boy. xXLV is looking bearish on the weekly. This wil be an excellent hedge against any stock market pull backs and its time to start positioning
Key stats
About ProShares UltraShort Health Care
Home page
Inception date
Jan 30, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
RXD provides daily geared inverse (-2x) exposure to the S&P Health Care Select Sector Index, a broad, cap-weighted index that includes health care equipment & supplies, health care providers & services, health care technology, biotechnology, pharmaceuticals, and life sciences tools & services. Investors should be cognizant of the fund's daily rebalancing, which can lead to profound differences in expected returns over the long haul. Still, compounding is a double-edged sword, it can work in investors' favor in trending markets. Due to daily compounding, it`s unlikely to achieve its stated exposure and returns for longer than a 1-day period. Prior to March 20, 2023, the fund provided exposure to the Dow Jones U.S. Health Care Index.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RXD trades at 12.31 USD today, its price has fallen −1.87% in the past 24 hours. Track more dynamics on RXD price chart.
RXD net asset value is 12.52 today — it's risen 7.88% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RXD assets under management is 2.13 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RXD price has risen by 0.88% over the last month, and its yearly performance shows a 15.56% increase. See more dynamics on RXD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.88% over the last month, showed a 23.10% increase in three-month performance and has increased by 21.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.88% over the last month, showed a 23.10% increase in three-month performance and has increased by 21.44% in a year.
RXD fund flows account for 975.02 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RXD invests in cash. See more details in our Analysis section.
RXD expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
RXD is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RXD technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RXD shows the neutral signal. See more of RXD technicals for a more comprehensive analysis.
Today, RXD technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RXD shows the neutral signal. See more of RXD technicals for a more comprehensive analysis.
Yes, RXD pays dividends to its holders with the dividend yield of 3.60%.
RXD trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RXD shares are issued by ProShare Advisors LLC
RXD follows the Health Care Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 30, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.