ProShares UltraPro Dow30 Price & Performance (UDOW)

ProShares UltraPro Short Dow30 (SDOW) has surpassed its 200-day moving average of $49.86, reaching a trading high of $54.16. The ETF aims to deliver triple the inverse of the Dow Jones Industrial Average's daily performance, making it a strategic choice for bearish investors.1

Labrador Iron Ore Royalty (TSE:LIF) shares climbed above their 200-day moving average of C$30.39, hitting a high of C$30.46. The company benefits from its investment in Iron Ore Company of Canada and its royalty interests, contributing to its strong market presence.2

Leveraged ETFs, such as ProShares UltraPro Short Dow30, are gaining traction as tools for investors aiming to hedge against market downturns. Offering three times the inverse performance of the Dow Jones Industrial Average, these funds appeal to those seeking amplified returns in bearish conditions.3