I'm curious, could you please clarify which ETF specifically is known to have a negative beta? In the world of finance, ETFs, or Exchange-Traded Funds, typically aim to track the performance of a particular index, asset class, or basket of securities. However, the concept of a negative beta is intriguing, as it implies that the ETF in question moves inversely to the overall market. Is there a particular sector, asset class, or strategy that this ETF focuses on that would explain its negative beta characteristic? And are there any potential risks or considerations investors should be aware of when investing in an ETF with a negative beta?
6 answers
CoinMasterMind
Mon Aug 19 2024
ETFs, or Exchange Traded Funds, with negative beta have gained popularity in recent years among investors seeking to hedge against market downturns. These funds typically move in the opposite direction of the broader market, offering a potential hedge against market volatility.
BonsaiBeauty
Mon Aug 19 2024
The symbol beta measures the sensitivity of an investment's return to changes in the market's return. A negative beta indicates that the investment tends to move in the opposite direction of the market.
SumoStrength
Mon Aug 19 2024
Among the ETFs with negative beta, FLYD D stands out with a beta of -4.26, making it one of the most sensitive to market movements in the opposite direction. Its current price is 27.62 USD.
Isabella
Mon Aug 19 2024
Another ETF with a negative beta is HIBS D, which has a beta of -3.85. This fund also moves inversely to the market, and its current price is 24.77 USD.
SamuraiCourage
Sun Aug 18 2024
NVD D is another option for investors seeking a negative beta ETF, with a beta of -3.81. Its current price is 2.13 USD, making it a more affordable option compared to other ETFs in this category.