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XLPD Stock Price, Chart, Stats & News
MicroSectors -3x Short Consumer Staples (XLP) ETNs
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MicroSectors -3x Short Consumer Staples (XLP) ETNs (XLPD) does not currently pay a dividend.
Unclassified
Category
0.95%
Expense ratio
–
Assets
XLPD chart
About
XLPD is designed to lose money when the State Street Consumer Staples Select Sector SPDR ETF (ticker: XLP) rises in value, and because the leveraged exposure resets each day, a sustained rally compounds against any XLPD position. A single-day increase of 33% in XLP would reduce the value of XLPD to zero, and holders would lose their entire investment. XLPD is a short-term trading tool, not buy-and-hold investment.
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