SPCF ETF, Explained: 2x Daily Exposure to SpaceX

Описание: It’s World Space Week. SpaceX is helping shape the next chapter of the space economy. ProShares’ Simeon Hyman breaks down how SPCF is designed to target 2x daily SpaceX returns, all through a single ETF. Learn more: https://proshares.us/3UdPmuF

Transcript
SpaceX, one of the most closely watched companies in the market.
And investors with a bullish view might want more than one-to-one exposure to its daily performance.
That’s where ProShares Ultra SpaceX ETF, ticker SPCF, comes in.
SPCF targets two times the daily performance of SpaceX.
Now here’s what that means. If SpaceX rises 1% in a day, SPCF is designed to rise about 2%. If SpaceX falls 1%, SPCF is designed to fall about 2%.
Gains and losses are both magnified.
Now with SPCF, investors can access that leveraged SpaceX exposure without borrowing on margin, and in the ETF format they already know, available in their brokerage account.