Inverse ETFs Dominate Top 10 Funds For October
Posted on: Nov 3rd, 2008 | By Contrarian Profits | Filed under Financial News
TheStreet.com reports that the top 10 performing exchange-traded funds in October were all inverse ETFs. These funds move in the opposite direction to the indexes they track. And some double the size of the movement.
The PowerShares DB Crude Oil Double Short ETN led the way with 66.6% gains in October, as crude oil prices continued to slide.
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