thanks, been doing that for 1/2 hour, unfortunately when you
plug in YTD returns for EEM vs. any of the inverse funds, you don't
find anything close to a 1 to 1 correlation.
inverse funds are designed to track on a one day basis -- read
some of the articles at ProShares etc. Tracking error is worse with
leveraged funds and during periods of non-trending mkts. You may
want to research how you would have done shorting the long fund
instead
First entry in a google
eem inverse non leveraged
Posted by kbgupta on 16th of Nov 2011 at 08:41 am
First entry in a google search for "inverse EEM" = EUM. Don't know anything about the ETF
EEM inverse
Posted by hazbin1 on 16th of Nov 2011 at 08:48 am
thanks, been doing that for 1/2 hour, unfortunately when you plug in YTD returns for EEM vs. any of the inverse funds, you don't find anything close to a 1 to 1 correlation.
inverse funds are designed to
Posted by bkout3 on 16th of Nov 2011 at 08:55 am
inverse funds are designed to track on a one day basis -- read some of the articles at ProShares etc. Tracking error is worse with leveraged funds and during periods of non-trending mkts. You may want to research how you would have done shorting the long fund instead
inverse EEM
Posted by hazbin1 on 16th of Nov 2011 at 08:56 am
funny you should say that, my boss and i just had the same conversation.