The Ultra ProShares and Short ProShares are exact opposites.
DUG is great. It's short oil. And the price of oil moves with the stock market. The market has been crashing lately, so oil has followed. So buying DUG has been a great short play for oil. It's opposite, which is long oil, is DIG.
Also SKF is short financials....and obviousl financials getting hammered is the reason for the market mess....so SKF is an awesome short. It's opposite, which is long financials is UYG.
And the third short ETF I love is QID..it's just a basic short ETF for the overall market. The opposite is QLD which is long the market.
Here are their charts below....as you can see they 3 pairs I listed are always exact opposites on their charts...DIG/DUG, QLD/QID, SKF/UYG
PCola77
posted
SDS is double short S&P. SSO is double long S&P. UYG is double long financials. I'm not sure why you think now is the time to buy the short ones, given the market's down 35% in a year, but if you think it will keep falling, SDS is the way to go in my opinion.