<ul>
<li>Direxion Daily S&amp;P 500 Bear 3X Shares ETF (SPXS) 相對風險較低，但可能提供的回報也較少。</li>
</ul>
<ul>
<li>與此同時，ProShares UltraPro Short QQQ (SQQQ) 適合風險承受能力強的科技市場看空者。</li>
</ul>
<ul>
<li>你在退休方面是領先還是落後？SmartAsset 的免費工具可以在幾分鐘內將你與財務顧問匹配，幫助你今天解決這個問題。每位顧問都經過嚴格篩選，必須以你的最佳利益為重。不要再浪費時間；點擊這裏開始吧。(贊助商)</li>
</ul>
<p>2020 年代的交易所交易基金（ETFs）種類繁多，令人眼花繚亂。如今，你幾乎可以用 ETFs 做任何事情，如果你對股市持看空態度，可以考慮 <strong>ProShares UltraPro Short QQQ ETF</strong> (NASDAQ:SQQQ) 或 <strong>Direxion Daily S&amp;P 500 Bear 3X Shares ETF</strong> (NYSEARCA:SPXS)。</p>
<p>槓桿反向 ETF 可以為你帶來鉅額利潤，尤其是在股市崩盤時。在某些限制內，SQQQ ETF 和 SPXS ETF 在股市指數下跌時有可能放大你的收益。</p>
<p>那麼，這兩隻基金中哪一隻更適合悲觀交易者呢？今天，我們將探討 ProShares UltraPro Short QQQ ETF 和 Direxion Daily S&amp;P 500 Bear 3X Shares ETF 的優缺點。在比較這對大膽的 ETF 之後，你應該能夠選擇適合你的那一隻。</p>
<p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2025/01/Follow-Our-500000-AI-Portfolio-3.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2025/01/Follow-Our-500000-AI-Portfolio-3.jpg"/></p>
<h2>一對快速移動的基金</h2>
<p>今天考慮的這兩隻基金有很多共同點。它們都是反向基金，朝着主要股市指數的相反方向移動。此外，它們都是三倍槓桿，因此在股指的反向方向上移動的速度是普通股指的三倍。</p>
<p>可以説，這些 ETF 並不適合心臟脆弱的人，不應大量購買。此外，出於我們稍後將討論的原因，這兩隻基金不適合持有超過幾天，最多幾周。</p>
<p>從 Direxion Daily S&amp;P 500 Bear 3X Shares ETF 開始，該基金尋求實現 S&amp;P 500 指數每日價格變動的 300% 的反向（相反）結果。該 ETF 每日重置/再平衡，因此超過一天後，無法保證與 S&amp;P 500 的忠實三倍槓桿反向移動。</p>
<p>同樣的問題也適用於 ProShares UltraPro Short QQQ ETF，該基金尋求實現與 NASDAQ 100 指數每日價格變動的三倍反向投資結果。如果 SQQQ ETF 持有超過一天，則無法保證準確的三倍槓桿反向跟蹤 NASDAQ 100。</p>
<p>這裏的關鍵是，對於這兩隻基金，長期買入持有策略可能會產生意想不到的結果。因此，這兩隻 ETF 最適合靈活的短期交易者。</p>
<h2>兩隻適合市場下跌的 ETF</h2>
<p>還需要考慮年度管理費用，這些費用以費用比率計算。對於 ProShares UltraPro Short QQQ ETF，費用比率為 0.95%；這意味着基金經理每投資 100 美元就會扣除 0.95 美元的費用。</p>
<p>相比之下，Direxion Daily S&amp;P 500 Bear 3X Shares ETF 的費用比率為 0.87%，這相當於每投資 100 美元扣除 0.87 美元。因此，我們可以為 SPXS 在費用上得分，因為管理費用相對較低。</p>
<p>然而，即使在扣除管理費用後，ProShares UltraPro Short QQQ ETF 和 Direxion Daily S&amp;P 500 Bear 3X Shares ETF 在股市急劇下跌時仍應提供快速利潤。只需確保迅速獲取這些利潤，因為 SQQQ 和 SPXS 並不設計為在超過一天的時間內準確反向跟蹤指數。</p>
<p>到目前為止，Direxion Daily S&amp;P 500 Bear 3X Shares ETF 看起來比 ProShares UltraPro Short QQQ ETF 更好，因為其費用比率較低。此外，還有另一個選擇 SPXS 而非 SQQQ 的理由，讓我們現在轉到這個話題。</p>
<h2>採取 “安全第一” 的方法</h2>
<p>這兩隻基金風險都很高，即使你只持有一天。三倍放大的反向指數跟蹤意味着如果股市上漲，你可能會遭受鉅額財務損失。</p>
<p>花點時間考慮一下這些 ETF 反向跟蹤的指數。Direxion Daily S&amp;P 500 Bear 3X Shares ETF 反向跟蹤 S&amp;P 500，該指數高度多樣化，包含約 500 只股票。該指數通常在任何給定的一天內不會移動太遠。</p>
<p>相比之下，ProShares UltraPro Short QQQ ETF 反向跟蹤 NASDAQ 100 指數，該指數僅包含約 100 只股票，這些股票大多屬於一個市場部門（科技）。因此，NASDAQ 100 的波動速度通常快於 S&amp;P 500，許多天你可能會看到 SQQQ 的波動速度快於 SPXS。</p>
<p>對於槓桿基金，採取 “安全第一” 的方法並選擇風險較低的 ETF 是個好主意。在這方面，Direxion Daily S&amp;P 500 Bear 3X Shares ETF 看起來比 ProShares UltraPro Short QQQ ETF 更好。</p>
<p>雖然我整體上更傾向於選擇 SPXS ETF，但短期投資者仍可能選擇 SQQQ ETF。如果你有理由相信某一天科技股會下跌，那麼 ProShares UltraPro Short QQQ ETF 可能是快速進出交易的正確選擇。</p>
<p>因此，你的目的和目標應該決定哪隻基金適合你。也就是説，我會將 ProShares UltraPro Short QQQ ETF 的使用限制在非常短期的投機交易中，而在大多數情況下，我更傾向於選擇 Direxion Daily S&amp;P 500 Bear 3X Shares ETF。</p>
<p>文章 SQQQ vs. SPXS: 哪隻反向 ETF 更值得購買？ 首先出現在 24/7 Wall St..</p>

3 倍做空標普 500 ETF - Direxion

3 倍做空納指 ETF - ProShares

<p>本文比較了兩種反向 ETF：ProShares UltraPro Short QQQ（SQQQ）和 Direxion Daily S&P 500 Bear 3X Shares（SPXS）。SQQQ 適合關注科技股的風險承受能力較強的投資者，而 SPXS 則風險較低，管理費用也較低（0.87% 對比 0.95%）。這兩隻 ETF 都是三倍槓桿，旨在短期交易，因為它們在較長時間內可能無法準確跟蹤其指數。分析表明，由於 SPXS 的費用比率較低且相對風險較小，可能更適合看跌交易者</p>

<ul>
<li>The Direxion Daily S&amp;P 500 Bear 3X Shares ETF (SPXS) is comparatively less risky but may offer less reward.</li>
</ul>
<div class="lb-trans"><ul>
<li>Direxion Daily S&amp;P 500 Bear 3X Shares ETF (SPXS) 相對風險較低，但可能提供的回報也較少。</li>
</ul>
</div><ul>
<li>Meanwhile, the ProShares UltraPro Short QQQ (SQQQ) is suited for risk-tolerant tech-market bears.</li>
</ul>
<div class="lb-trans"><ul>
<li>與此同時，ProShares UltraPro Short QQQ (SQQQ) 適合風險承受能力強的科技市場看空者。</li>
</ul>
</div><ul>
<li>Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor)</li>
</ul>
<div class="lb-trans"><ul>
<li>你在退休方面是領先還是落後？SmartAsset 的免費工具可以在幾分鐘內將你與財務顧問匹配，幫助你今天解決這個問題。每位顧問都經過嚴格篩選，必須以你的最佳利益為重。不要再浪費時間；點擊這裏開始吧。(贊助商)</li>
</ul>
</div><p>The variety of exchange traded funds (ETFs) in the 2020s is truly dazzling. You can do just about anything with ETFs nowadays, and if you have a bearish outlook on the stock market, you might consider the <strong>ProShares UltraPro Short QQQ ETF</strong> (NASDAQ:SQQQ) or the <strong>Direxion Daily S&amp;P 500 Bear 3X Shares ETF</strong> (NYSEARCA:SPXS).</p>
<div class="lb-trans"><p>2020 年代的交易所交易基金（ETFs）種類繁多，令人眼花繚亂。如今，你幾乎可以用 ETFs 做任何事情，如果你對股市持看空態度，可以考慮 <strong>ProShares UltraPro Short QQQ ETF</strong> (NASDAQ:SQQQ) 或 <strong>Direxion Daily S&amp;P 500 Bear 3X Shares ETF</strong> (NYSEARCA:SPXS)。</p>
</div><p>Leveraged inverse ETFs can score you big-time profits, especially if the stock market crashes. Within certain limitations, the SQQQ ETF and the SPXS ETF can potentially magnify your returns when stock market indexes fall.</p>
<div class="lb-trans"><p>槓桿反向 ETF 可以為你帶來鉅額利潤，尤其是在股市崩盤時。在某些限制內，SQQQ ETF 和 SPXS ETF 在股市指數下跌時有可能放大你的收益。</p>
</div><p>Which of these two funds is the better pick for pessimistic traders, though? Today, we’ll explore the ins and outs of the ProShares UltraPro Short QQQ ETF and the Direxion Daily S&amp;P 500 Bear 3X Shares ETF. After comparing this pair of audacious ETFs, you should be ready to choose the one that’s right for you.</p>
<div class="lb-trans"><p>那麼，這兩隻基金中哪一隻更適合悲觀交易者呢？今天，我們將探討 ProShares UltraPro Short QQQ ETF 和 Direxion Daily S&amp;P 500 Bear 3X Shares ETF 的優缺點。在比較這對大膽的 ETF 之後，你應該能夠選擇適合你的那一隻。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2025/01/Follow-Our-500000-AI-Portfolio-3.jpg" alt="" original-src="https://247wallst.com/wp-content/uploads/2025/01/Follow-Our-500000-AI-Portfolio-3.jpg"/></p>
<h2>A Pair of Fast-Moving Funds</h2>
<div class="lb-trans"><h2>一對快速移動的基金</h2>
</div><p>The two funds under consideration today have a lot in common. They’re both inverse funds that move in the opposite direction of a major stock market index. Furthermore, they’re both triple-leveraged, so they move three times as fast in the reverse direction of a stock index.</p>
<div class="lb-trans"><p>今天考慮的這兩隻基金有很多共同點。它們都是反向基金，朝着主要股市指數的相反方向移動。此外，它們都是三倍槓桿，因此在股指的反向方向上移動的速度是普通股指的三倍。</p>
</div><p>Suffice it to say, these ETFs aren’t for the faint of heart and shouldn’t be purchased in large quantities. Also, for reasons we’ll discuss shortly, these two funds aren’t meant to be held for more than a few days or maybe a couple of weeks at the longest.</p>
<div class="lb-trans"><p>可以説，這些 ETF 並不適合心臟脆弱的人，不應大量購買。此外，出於我們稍後將討論的原因，這兩隻基金不適合持有超過幾天，最多幾周。</p>
</div><p>Starting with the Direxion Daily S&amp;P 500 Bear 3X Shares ETF, this fund seeks a daily result of 300% of the inverse (opposite) price move of the S&amp;P 500. This ETF is reset/rebalanced daily, so beyond one day, there’s no assurance of faithful triple-leveraged inverse movement to the S&amp;P 500.</p>
<div class="lb-trans"><p>從 Direxion Daily S&amp;P 500 Bear 3X Shares ETF 開始，該基金尋求實現 S&amp;P 500 指數每日價格變動的 300% 的反向（相反）結果。該 ETF 每日重置/再平衡，因此超過一天後，無法保證與 S&amp;P 500 的忠實三倍槓桿反向移動。</p>
</div><p>The same issue applies to the ProShares UltraPro Short QQQ ETF, which seeks daily investment results corresponding to three times the inverse of the daily price moves of the NASDAQ 100 index. If the SQQQ ETF is held for more than a day, there’s no assurance of accurate triple-leveraged reverse tracking of the NASDAQ 100.</p>
<div class="lb-trans"><p>同樣的問題也適用於 ProShares UltraPro Short QQQ ETF，該基金尋求實現與 NASDAQ 100 指數每日價格變動的三倍反向投資結果。如果 SQQQ ETF 持有超過一天，則無法保證準確的三倍槓桿反向跟蹤 NASDAQ 100。</p>
</div><p>The point here is that, with both of these funds, a long-term buy-and-hold strategy could incur unexpected results. Hence, these two ETFs are best suited for nimble short-term traders.</p>
<div class="lb-trans"><p>這裏的關鍵是，對於這兩隻基金，長期買入持有策略可能會產生意想不到的結果。因此，這兩隻 ETF 最適合靈活的短期交易者。</p>
</div><h2>Two ETFs for Market Downturns</h2>
<div class="lb-trans"><h2>兩隻適合市場下跌的 ETF</h2>
</div><p>There are also annual management fees to consider, which are calculated as an expense ratio. For the the ProShares UltraPro Short QQQ ETF, the expense ratio is 0.95%; this means that the fund managers will deduct $0.95 per year for every $100 you invest in the fund.</p>
<div class="lb-trans"><p>還需要考慮年度管理費用，這些費用以費用比率計算。對於 ProShares UltraPro Short QQQ ETF，費用比率為 0.95%；這意味着基金經理每投資 100 美元就會扣除 0.95 美元的費用。</p>
</div><p>In contrast, the expense ratio for the Direxion Daily S&amp;P 500 Bear 3X Shares ETF is 0.87%, which equates to $0.87 per year for every $100 invested. Consequently, we can score a point in favor of SPXS over SQQQ because the management fees are moderately lower.</p>
<div class="lb-trans"><p>相比之下，Direxion Daily S&amp;P 500 Bear 3X Shares ETF 的費用比率為 0.87%，這相當於每投資 100 美元扣除 0.87 美元。因此，我們可以為 SPXS 在費用上得分，因為管理費用相對較低。</p>
</div><p>Nevertheless, even after the management fees are deducted, both the ProShares UltraPro Short QQQ ETF and the Direxion Daily S&amp;P 500 Bear 3X Shares ETF should provide fast profits during a sharp stock market downturn. Just be sure to take those profits quickly since SQQQ and SPXS aren’t designed for accurate inverse index tracking beyond one day.</p>
<div class="lb-trans"><p>然而，即使在扣除管理費用後，ProShares UltraPro Short QQQ ETF 和 Direxion Daily S&amp;P 500 Bear 3X Shares ETF 在股市急劇下跌時仍應提供快速利潤。只需確保迅速獲取這些利潤，因為 SQQQ 和 SPXS 並不設計為在超過一天的時間內準確反向跟蹤指數。</p>
</div><p>So far, the Direxion Daily S&amp;P 500 Bear 3X Shares ETF looks better than the ProShares UltraPro Short QQQ ETF because of its lower expense ratio. Moreover, there’s another reason to choose SPXS over SQQQ, so let’s move on to that topic now.</p>
<div class="lb-trans"><p>到目前為止，Direxion Daily S&amp;P 500 Bear 3X Shares ETF 看起來比 ProShares UltraPro Short QQQ ETF 更好，因為其費用比率較低。此外，還有另一個選擇 SPXS 而非 SQQQ 的理由，讓我們現在轉到這個話題。</p>
</div><h2>Taking a “Safety First” Approach</h2>
<div class="lb-trans"><h2>採取 “安全第一” 的方法</h2>
</div><p>Both of these funds are highly risky, even if you only hold them for a day. Triple-magnified inverse index tracking potentially means huge financial losses for you if the stock market goes up.</p>
<div class="lb-trans"><p>這兩隻基金風險都很高，即使你只持有一天。三倍放大的反向指數跟蹤意味着如果股市上漲，你可能會遭受鉅額財務損失。</p>
</div><p>Take a moment to think about which indexes these ETFs are inverse- tracking. The Direxion Daily S&amp;P 500 Bear 3X Shares ETF inverse-tracks the S&amp;P 500, which is highly diversified with around 500 stocks. This index doesn’t usually move very far on any given day.</p>
<div class="lb-trans"><p>花點時間考慮一下這些 ETF 反向跟蹤的指數。Direxion Daily S&amp;P 500 Bear 3X Shares ETF 反向跟蹤 S&amp;P 500，該指數高度多樣化，包含約 500 只股票。該指數通常在任何給定的一天內不會移動太遠。</p>
</div><p>In contrast, the ProShares UltraPro Short QQQ ETF inverse-tracks the NASDAQ 100 index, which only includes around 100 stocks and these stocks are mostly in one market sector (technology). Therefore, it’s not unusual for the NASDAQ 100 to move faster than the S&amp;P 500, and on many days you’ll probably see SQQQ moving faster than SPXS.</p>
<div class="lb-trans"><p>相比之下，ProShares UltraPro Short QQQ ETF 反向跟蹤 NASDAQ 100 指數，該指數僅包含約 100 只股票，這些股票大多屬於一個市場部門（科技）。因此，NASDAQ 100 的波動速度通常快於 S&amp;P 500，許多天你可能會看到 SQQQ 的波動速度快於 SPXS。</p>
</div><p>With leveraged funds, it’s a good idea to take a “safety first” approach and choose less risky ETFs. In that regard, the Direxion Daily S&amp;P 500 Bear 3X Shares ETF appears to be a better choice than the ProShares UltraPro Short QQQ ETF.</p>
<div class="lb-trans"><p>對於槓桿基金，採取 “安全第一” 的方法並選擇風險較低的 ETF 是個好主意。在這方面，Direxion Daily S&amp;P 500 Bear 3X Shares ETF 看起來比 ProShares UltraPro Short QQQ ETF 更好。</p>
</div><p>While my preferred overall pick is the SPXS ETF, short-term investors might still choose the SQQQ ETF. If you have a reason to believe that technology stocks will decline on a particular day, then the ProShares UltraPro Short QQQ ETF could be the right choice for a quick, in-and-out trade.</p>
<div class="lb-trans"><p>雖然我整體上更傾向於選擇 SPXS ETF，但短期投資者仍可能選擇 SQQQ ETF。如果你有理由相信某一天科技股會下跌，那麼 ProShares UltraPro Short QQQ ETF 可能是快速進出交易的正確選擇。</p>
</div><p>Really, then, your purpose and objectives should determine which fund is right for you. That said, I would restrict my use of the ProShares UltraPro Short QQQ ETF to very short-duration, speculative trades and in most instances, I would prefer the Direxion Daily S&amp;P 500 Bear 3X Shares ETF.</p>
<div class="lb-trans"><p>因此，你的目的和目標應該決定哪隻基金適合你。也就是説，我會將 ProShares UltraPro Short QQQ ETF 的使用限制在非常短期的投機交易中，而在大多數情況下，我更傾向於選擇 Direxion Daily S&amp;P 500 Bear 3X Shares ETF。</p>
</div><p>The post SQQQ vs. SPXS: Which Inverse ETF Is a Better Buy? appeared first on 24/7 Wall St..</p>
<div class="lb-trans"><p>文章 SQQQ vs. SPXS: 哪隻反向 ETF 更值得購買？ 首先出現在 24/7 Wall St..</p>
</div>

SQQQ 與 SPXS：哪個反向 ETF 更值得投資？