Leakage is going to happen because fees and Contango.
Contango refers to the market condition wherein the price of a forward or futures contract is trading above the expected spot price at contract maturity. Since trading these ETF’s I have never seen Normal Backwardation.
This is an example of 6 month.
Stock... 2/7/2011 price.... Investment.... shares.....sold short 8/4/2011 price..... ....... Return
zsl...... $42.00............ $1,000.00........... 23.81....... $14.08........ $27.92.................. $664.78
AGQ.. $138.00........... $1,000.00............ 7.25........ $197.63...... ($59.63)................. $(432.10)
Total invested:...... $2,000.00 .......................................................$232.67.... 12%
Recent ZSL News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 05/10/2024 04:05:45 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 03/07/2024 10:27:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/06/2023 09:06:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 07:34:29 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM