Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, ProShares UltraPro Short Financials
With that in mind, let's take a closer look at this ProShares ETF and see what CAPS investors are saying about the ETF right now.
FINZ facts
| Inception | July 2012 |
| Total Net Assets | $3.4 million |
| Investment Approach | Seeks daily investment results that correspond to three times the inverse (-3x) of the daily performance of the Dow Jones U.S. Financials Index. |
| Expense Ratio | 0.95% |
| Alternatives |
ProShares UltraShort Financials
Direxion Daily Financial Bear 3X Shares ProShares Short S&P 500 |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 95% of the 56 members who have rated the ETF believe it will underperform the S&P 500 going forward.
Just last month, one of those Fools, All-Star bbmaven, succinctly summed up the bear case for our community:
This is a new triple short ETF issued by ProShares on financials. Unless I am missing something, this is likely to have all of the flaws of other ETF's that rebalance daily in an effort to provide triple the inverse movement of the financial index.
If you believe financials are due to crash, it may be worth playing with a green thumb for the time frame you are projecting the crash for. However, in the long run, even if you are right, you will lose unless you cash out fairly quickly. For those not interested in timing the market, just short this and sit back -- it will be a plus score for you in the long run.
If you want market-thumping returns, you need to protect your portfolio from any undue risk. Luckily, our special report on ETFs highlights three funds that are poised to soar in the next recovery. It's 100% free, but it won't last forever, so click here to access it now.
Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.
