Cannot find previous post. Simple math: $1000: 1st Day DIA up 10% = $1100; DDM = $1200; DXD = $800; Then 2nd Day DIA down 10% = $1100 x 0.9 = $990 (lost 1%); DDM = $960 (-4%); DXD = $800 x 1.2 = $960 (-4%).
That's why you see SMN or DUG hits 52wk low today, while other XLB/XLE or UYM/DIG didn't hit 52wk high.
Prediction: All these UltraShort funds will be lower and lower (to pennies), because of the math and anticipated uptrends of all sectors as well as inflation.