Just when you thought you couldn’t get enough of the Ultra ETF’s that are already out there, it looks like ProShares is coming out with new Ultra and Inverse Ultras for the Yen, Euro, Gold, Silver, and Oil. These will trade, depending on whether it is inverse or not, 200% or -200% to the index/commodity/currency it is tied to. As usual with these types of ETF’s wait for there to be substantial volume on these along with some past history showing that they are getting the returns in accordance with the index they are tied to.
Ultra DJ-AIG Commodity UCD
UltraShort DJ-AIG Commodity CMD
Ultra DJ-AIG Crude Oil UCO
UltraShort DJ-AIG Crude Oil SCO
Ultra Euro ULE
UltraShort Euro EUO
Ultra Yen YCL
UltraShort Yen YCS
And still to come…
Ultra Gold UGL
UltraShort Gold GLL
Ultra Silver AGQ
UltraShort Silver ZSL
