Episode 146: It's A CROC, Mate! An Analysis Of An Australian Dollar ETF For Volatility Diversification

<p>In this episode we give Mary a break and analyze the ProShares Ultrashort Australian Dollar ETF, ticker symbol CROC, using David Stein&apos;s Ten Questions to Master Investing, which are:<br/><br/>1.  What is it?<br/>2.  Is it an investment, a speculation, or a gamble?<br/>3.  What is the upside?<br/>4.  What is the downside?<br/>5.  Who is on the other side of the trade?<br/>6.  What is the investment vehicle?<br/>7.  What does it take to be successful?<br/>8.  Who is getting a cut?<br/>9.  How does it impact your portfolio?<br/>10.  Should you invest?<br/><br/>This fund analysis was suggested/requested by listener Alexi/Dude.<br/><br/>Links:  <br/><br/>CROC Fact Sheet:  <a href='file:///C:/Users/17033/Downloads/prosharesfactsheetcroc.pdf'>prosharesfactsheetcroc.pdf</a><br/><br/>CROC Information Page:  <a href='https://www.proshares.com/our-etfs/leveraged-and-inverse/croc/'>CROC (proshares.com)</a><br/><br/>CROC Correlation Analysis:  <a href='https://www.portfoliovisualizer.com/asset-correlations?s=y&amp;symbols=VTI%2C+IJS%2C+TLT%2C+GLD%2C+CROC%2C+BTAL%2C+VIXY&amp;timePeriod=2&amp;tradingDays=60&amp;months=36'>Asset Correlations with CROC (portfoliovisualizer.com)</a><br/><br/>CROC/BTAL in Golden Butterfly Portfolio:  <a href='https://www.portfoliovisualizer.com/backtest-portfolio?s=y&amp;timePeriod=2&amp;startYear=1985&amp;firstMonth=1&amp;endYear=2021&amp;lastMonth=12&amp;calendarAligned=true&amp;includeYTD=false&amp;initialAmount=10000&amp;annualOperation=0&amp;annualAdjustment=0&amp;inflationAdjusted=true&amp;annualPercentage=0.0&amp;frequency=4&amp;rebalanceType=1&amp;absoluteDeviation=5.0&amp;relativeDeviation=25.0&amp;leverageType=0&amp;leverageRatio=0.0&amp;debtAmount=0&amp;debtInterest=0.0&amp;maintenanceMargin=25.0&amp;leveragedBenchmark=false&amp;reinvestDividends=true&amp;showYield=false&amp;showFactors=false&amp;factorModel=3&amp;portfolioNames=true&amp;portfolioName1=Golden+Butterfly&amp;portfolioName2=BTAL+Modification&amp;portfolioName3=CROC+Modification&amp;symbol1=VTI&amp;allocation1_1=20&a