
Inverse Cramer ETFs are designed to perform well when the S&P 500 index declines.
These ETFs use a strategy called "short-selling" to profit from market downturns.
The Cramer ETF, specifically, aims to replicate the inverse performance of the S&P 500 index, meaning it will rise when the index falls.
As a result, investors can use the Cramer ETF to potentially profit from a market correction or downturn.
Inverse Cramer ETF Options
The Short Jim Cramer ETF (SJIM) is an inverse ETF that seeks to provide investment results that are approximately the opposite of the results of the investments recommended by Jim Cramer.
This ETF is designed to track the inverse performance of Jim Cramer's recommendations, before fees and expenses. The goal is to give investors a way to profit from a decline in the market or to hedge against a potential downturn.
Should You Short Jim Cramer?
The Inverse Cramer Tracker ETF (SJIM) is an interesting investment option that seeks to provide results opposite to Jim Cramer's recommendations.
Jim Cramer's advice is being tracked by the fund, which has already shown impressive performance.
Gurgavin Chandhoke, the founder of Uinvst, claims that the fund outperformed the market by 5% just a week after it went live.
The S&P 500 has experienced losses after the failure of Silicon Valley Bank, but the Nasdaq Composite ended higher on Monday, giving Jim Cramer a positive impression.
This suggests that the Inverse Cramer Tracker ETF may be a good option for those looking to go against the grain.
However, it's essential to note that the fund is still relatively new, and its long-term performance is yet to be seen.
Frequently Asked Questions
How good is inverse Cramer?
Inverse Cramer has a disappointing year-to-date return of -15.66% with a high standard deviation of 24.21%. Its Sharpe ratio is 0.65, indicating a poor risk-adjusted return.
Why are inverse ETFs risky?
Inverse ETFs are risky due to compounding risk, derivative securities risk, correlation risk, and short sale exposure risk. Understanding these unique risks is crucial before investing in inverse ETFs.
What is the symbol for inverse Cramer ETF?
Unfortunately, the provided text does not mention the symbol for the inverse Cramer ETF. However, the FAQ answer to the question "What is the symbol for the inverse Cramer ETF?" is: The symbol for the inverse Cramer ETF is not specified in the provided text, but it is associated with the Long-Short Equity category.
Sources
- https://alts.co/inverse-cramer-etf-performance-and-holdings/
- https://www.intelligentinvestor.com.au/shares/nyse-sjim/inverse-cramer-tracker-etf/share-price
- https://www.cabotwealth.com/daily/stock-market/should-you-short-jim-cramer-with-the-inverse-cramer-etf
- https://beincrypto.com/inverse-cramer-etf-outperforms-sp-500-week-after-debut/
- https://www.composer.trade/etf/SJIM
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