ProShares launches 4 ETFs for 2x and -2x exposure to gold miners
The Ultra Gold Miners (NYSEARCA:GDXX) and the UltraShort Gold Miners (NYSEARCA:GDXS), which seeks to provide 2x and -2x the daily performance of the NYSE Arca Gold Miners IndexSM respectively.
The Ultra Junior Miners (NYSEARCA:GDJJ) and the UltraShort Junior Miners (NYSEARCA:GDJS), which seeks to provide 2x and -2x the daily performance of the Market VectorsTM Global Junior Gold Miners Index respectively.
“The mining sector is popular with tactical investors, we are pleased to offer the only ETFs providing 2x and -2x exposure to the leading gold mining indexes.” said Michael L. Sapir, co-founder and CEO of ProShare Advisors LLC in a statement.
Other gold miners and junior gold miner ETFs: GDX, NUGT, GDXJ, DUST, JNUG, GLDX, JDST, RING, SGDM, PSAU