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ProShares Short QQQ -1x Shares (PSQ $30.74)
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ProShares Short Russell2000 -1x Shares (RWM $15.49)
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BetaPro S&P/TSX 60 Daily Inverse ETF (CNDI $18.46)
Q: How are these ETF's created, and do they degrade as would a leverage ETF such as TQQQ? What would you suggest to be an equivalent on the Canadian markets?
5i Research Answer:
Leveraged ETFs (±2x, ±3x) show pronounced “volatility decay” because...