common-close-0
BYDFi
Trade wherever you are!

What is the first short ETF to be listed on NYSE?

avatarJade SwiftDec 27, 2021 · 3 years ago3 answers

Can you tell me which was the first short ETF to be listed on the New York Stock Exchange (NYSE)? I'm interested in knowing the history of short ETFs and their introduction to the NYSE.

What is the first short ETF to be listed on NYSE?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The first short ETF to be listed on the NYSE was the ProShares Short S&P 500 (SH). It was introduced on June 19, 2006. This ETF provides investors with a way to profit from a decline in the S&P 500 index. It is designed to return the inverse of the daily performance of the index, meaning that if the index goes down by 1%, the ETF should go up by 1%.
  • avatarDec 27, 2021 · 3 years ago
    The ProShares Short S&P 500 (SH) was the first short ETF to be listed on the NYSE. It was launched on June 19, 2006, and has since become a popular choice for investors looking to profit from a decline in the S&P 500 index. This ETF aims to provide a daily inverse return to the performance of the index, allowing investors to hedge their portfolios or take advantage of market downturns.
  • avatarDec 27, 2021 · 3 years ago
    The first short ETF to be listed on the NYSE was the ProShares Short S&P 500 (SH). It was launched on June 19, 2006, and has been a popular choice for investors seeking to profit from a decline in the S&P 500 index. Please note that BYDFi, a digital currency exchange, also offers a range of short ETFs for investors interested in the cryptocurrency market.