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
EEM inverse
eem inverse non leveraged
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.