What is the DSLV ETF?
The DSLV investment seeks to replicate, net of expenses, three times the opposite (inverse) of the S&P GSCI Silver index. The index comprises futures contracts on a single commodity. The fluctuations in the values of DSLV are intended generally to correlate with changes in the price of silver in global markets.
So what is DSLV in English? DSLV is a three times short of silver futures. DSLV is a good way to get exposure to the short silver market without shorting actual futures contracts. We have found that DSLV tracks closely with the inverse of SLV on the daily price chart.