RXD | A Leveraged Inverse ETF to Short Health Care

In this [RXD | A Leveraged Inverse ETF to Short Health Care] video , we will be focusing on a 2X leveraged short healthcare ETF, RXD, which I recently discovered. With the healthcare sector experiencing an overly exuberant run, I was looking for a way to short the market and came across this powerful ETF.

As you can see, RXD is a 2X leveraged inverse ETF, meaning it provides double the inverse daily return of its benchmark index, the S&P Healthcare Index. This allows for a higher risk-reward profile, with the potential for greater gains in the short-term. Currently, its risk-reward profile is at a balanced level, with the risk being 1.3 times the reward.

Let's take a look at the performance of RXD compared to its own index and the market in general. As you can see, RXD is currently down, indicating a rise in the healthcare market. However, this ETF also offers some positive points, such as a small dividend, option trading, and decent upside potential.

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CHAPTERS
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00:00 - RXD
02:32 - BeachBum Trading Sites
03:20 - Discord Invite

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#BeachBumTrading #rxd #healthcaresector

REFERENCES
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Weekly Trading Game Plan Notes for 1/15 – 1/19/2024 - Part 1 https://docs.google.com/document/d/1kDDjgAznG8rxGgFMF8nkDmMDkr0LDGJN8whb83Lv85Q/edit?usp=sharing

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