NEW YORK (MarketWatch) -- ProShare Advisors LLC, part of ProFunds Group, on Thursday listed four exchange-traded funds on the American Stock Exchange which seek to provide double the daily opposite return of the Nasdaq 100 Qs, S&P 500 SPY, S&P MidCap 400 and Dow Jones Industrial Average. So you dont need to short on the market down side and meet margin requirment The new ETFs are UltraShort QQQ ProShares (QID opposite return up if index down trend UltraShort S&P 500 ProShares (SDS opposite return up if index down trend UltraShort MidCap 400 ProShares (MZZ opposite return up if index down trend and UltraShort Dow 30 ProShares (DXD opposite return Last month the company launched its first eight ETFs with four leveraged funds that seek to provide double the index return, and four that provide 100% of the inverse, or opposite, return. The four new ETFs listed Thursday give 200% of the daily return of the benchmarks International REIT ETF issue
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