Inverse ETFs Doing Well In June

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Stocks and ETFs had a rough time in June as the market saw one of the worst months in decades. The S&P 500 and the Dow are down and the falling prices are good news for inverse ETFs which have seen growth this month. Two of the biggest movers were, the ProShares Short S&P 500 (SH) and the Direxion Daily S&P 500 Bear 3X Shares (SPXS) which are up 7.56% and 21.51% this month.

ETF Newz Says:

Some stocks have seen a bit of a rebound but the inverse market is still winning June.

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