Fuse Science Inc (DROP)

[prokopton]

"ProShares UltraShort SmallCap600" is an ETF (Exchange Traded Fund) Trading-Inverse Equity (short position). Most of the stocks in the fund are picked according to fixed criteria.

This particular ETF has a very poor record.

Year to Date Return (Mkt): -10.81%
1-Year Total Return (Mkt): -32.02%
3-Year Total Return (Mkt): -40.94%

According to the record above, when the fund takes a short position in a stock, the stock on average goes up. The fund's record to date is a disaster.

Stocks added to the funds are based on the criteria below.

"The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors criteria such as liquidity, price, market capitalization, financial viability and public float. It is non-diversified."

http://ca.finance.yahoo.com/q/pm?s=SDD