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Short Oil Etf Risk


Srj

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I am new to ETF trading. I bought wisdom tree WTI oil ETF at start of pandemic and just sold. I am now considering short oil 1x daily ETF. Is this short ETF much riskier than regular oil ETF? I know if it's leveraged it's much riskier, but this seems the same as the regular oil ETF. Plan is to hold it until some geopolitical issue when oil price drops and the inverse ETF gains. Am I missing something? 

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