The major U.S. indexes fell about 1% through Thursday, according to Lipper, and they were expected to decline further for the week with poor trading on Friday morning.
That was good news for bear or short funds, of course.
The Direxion China Bear 3X was up 16% from Nov. 11-18, Lipper data shows, while the ProFunds UltraShort China moved up 11%. The Direxion India Bear 2X ticked up 8% in the period.
Year to date, though, the Direxion China Bear 3X is down almost 60%, while the bull fund has ticked up 34%.
Dodge & Cox International Stock beat the trends and rose 0.3%. It has improved 0.8% in the past four weeks and 11.5 since Jan 1.
In metals, ProShares UltraShort Silver and Gold funds improved 7%, as did the ProShares UltraShort Real Estate Fund.
US Short Oil was up 7%, as well, while the Direxion Financial Bear Fund 3X improved 6% from Nov. 11-18.
SPDR Gold declined 3.5% in the past week. It was up 0.5% for the month and close to 23% for the year, however, Lipper says.
The PIMCO Total Return declined 1% in the past week and past month but is up nearly 10% year to date. John Hancock High Yield fell 0.6% from Nov. 11-18, but is up 2.2% for the past month and 23% since Jan. 1.
The Fidelity Real Estate High Income is also up 23% since Jan. 1, though it was flat this week. It has risen 0.8% in the past four weeks.