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.