UltraShort Silver ProShares (NYSEArca: ZSL) was one of the biggest gainers among the ETFs on Tuesday. The fund rallied 5.54% to close at $35.45. ProShares UltraShort Silver seeks daily investment results, before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion as measured by the U.S. Dollar fixing price for delivery in London.
Ultra Silver ProShares (NYSEArca: AGQ) was one of the biggest losers among the ETFs. The fund slumped 5.44% to close at $55.92. ProShares Ultra Silver seeks daily investment results, before fees and expenses that correspond to twice (200%) the daily performance of silver bullion as measured by the U.S. Dollar fixing price for delivery in London.
Standard & Poor's Depositary Re (NYSEArca: SPY), as usual, was the most active ETFs by share volume. The fund seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks. SPY closed at $111.55 and had a volume of 204.83M shares.
Disclosure: Author doesn't own any of the stocks discussed here.
