Direxion Daily Total Market Bear 1X Shares (NYSEArca: TOTS) is more comprehensive, giving unleveraged short exposure to the MSCI U.S. Broad Market Index.

Other “short” ETFs in the space includeProShares Short S&P 500 (NYSEArca: SH), ProShares UltraShort S&P 500 (NYSEArca: SDS), ProShares UIltraPro Short S&P 500 (NYSEArca: SPXU) and Rydex Inverse 2x S&P 500 ETF (NYSEArca: RSW).

It is important for the portfolio manager to understand the effects of daily leveraging and the effects of compounding on returns, and adeptly rebalance positions in such ETFs for hedges and/or directional trades as opposed to using these vehicles in a “buy and hold” strategy.

Direxion Large Cap Bear 3x Shares

For more information on Street One ETF research and ETF trade execution/liquidity services, contact pweisbruch@streetonefinancial.com.