Leveraged and inverse ETFs are volatile and geared to short-term traders. They are much more complex than “plain vanilla” stock ETFs that take a long position in the S&P 500, for example.
Needless to say, shorting gold has been like trying to stop a freight train in recent years.
Exchange traded products that short gold include PowerShares DB Gold Double Short ETN (NYSEArca: DZZ), ProShares Ultrashort Gold ETF (NYSEArca: GLL) and PowerShares DB Gold Short ETN (NYSE Arca: DGZ).
ProShares Ultrashort Gold
Tisha Guerrero contributed to this article.