Megashort Sp 500 Etf Performance

SPYD Etf   16.00  0.15  0.93%   
The etf secures a Beta (Market Risk) of -0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MegaShort are expected to decrease at a much lower rate. During the bear market, MegaShort is likely to outperform the market.

Risk-Adjusted Performance

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Over the last 90 days MegaShort SP 500 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's basic indicators remain very healthy which may send shares a bit higher in August 2025. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
  

MegaShort Relative Risk vs. Return Landscape

If you would invest  2,094  in MegaShort SP 500 on April 25, 2025 and sell it today you would lose (494.00) from holding MegaShort SP 500 or give up 23.59% of portfolio value over 90 days. MegaShort SP 500 is generating negative expected returns and assumes 1.8728% volatility on return distribution over the 90 days horizon. Simply put, 16% of etfs are less volatile than MegaShort, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon MegaShort is expected to under-perform the market. In addition to that, the company is 2.4 times more volatile than its market benchmark. It trades about -0.32 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.23 per unit of volatility.

MegaShort Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for MegaShort's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MegaShort SP 500, and traders can use it to determine the average amount a MegaShort's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.3162

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Negative ReturnsSPYD

Estimated Market Risk

 1.87
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.59
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.32
  actual daily
0
Most of other assets perform better
Based on monthly moving average MegaShort is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MegaShort by adding MegaShort to a well-diversified portfolio.
MegaShort SP 500 generated a negative expected return over the last 90 days