ETF market
LargestHighest AUM growthHighest returnsBiggest losersEquityBitcoinEthereumGoldFixed incomeReal estateTotal marketCommoditiesAsset allocationInverseLeveragedMost tradedLargest inflowsLargest outflowsHighest discount to NAVHighest premium to NAVHighest yieldDividendMonthly distributionsHighest diversificationActively managedSectorHighest betaLowest betaNegative betaHighest expense ratioAll-time highAll-time low52-week high52-week lowETFs of the USAETFs of CanadaETFs of the United KingdomETFs of GermanyETFs of JapanETFs of AustraliaCreate more lists in Screener
LargestHighest AUM growthHighest returnsBiggest losersEquityBitcoinEthereumGoldFixed incomeReal estateTotal marketCommoditiesAsset allocationInverseLeveragedMost tradedLargest inflowsLargest outflowsHighest discount to NAVHighest premium to NAVHighest yieldDividendMonthly distributionsHighest diversificationActively managedSectorHighest betaLowest betaNegative betaHighest expense ratioAll-time highAll-time low52-week high52-week lowETFs of the USAETFs of CanadaETFs of the United KingdomETFs of GermanyETFs of JapanETFs of Australia
Top ETFs trading at a discount
ETFs may trade at a discount for various reasons, but whatever the cause, it may be a helpful signal for traders. We've listed funds with the highest discount to NAV below. See if funds' stats can justify their current state.
Symbol | Disc/prem to NAV | Price | Chg % | Price × vol | Rel vol | AUM | NAV total return 3Y | Expense ratio | Asset class | Focus |
|---|---|---|---|---|---|---|---|---|---|---|
 520880Hwabao WP Hang Seng Hong Kong Stock Connect Innovative Drugs Select Exchange Traded Fund Units | −100.00% | 0.449 CNY | −0.22% | 91.73 M USD | 0.75 | 345.27 M USD | — | — | Equity | Health care |
 159632HuaAn Nasdaq 100 Index ETF | −99.88% | 2.369 CNY | +1.80% | 40.08 M USD | 0.77 | — | — | 0.80% | Equity | Large cap |
 182AMAXIS US Treasury Bond 20+ Year ETF (Unhedged) Units | −99.00% | 509.1 JPY | −0.53% | 532 USD | 0.01 | 2.06 M USD | +2.75% | 0.12% | Fixed income | Investment grade |
| 221AMAXIS Nikkei Semiconductor Stock (Japan) ETF | −99.00% | 1,254.0 JPY | +6.91% | 3.19 M USD | 0.72 | 61.04 M USD | +196.04% | 0.14% | Equity | Information technology |
| 181AMAXIS US Treasury Bond 1-3 Year ETF (Unhedged) Units | −99.00% | 545.8 JPY | +0.28% | 1.85 K USD | 0.03 | 34.81 M USD | +6.73% | 0.01% | Fixed income | Investment grade |
 MORE.S10MORE SAL (00) Tel Bond 60 CPI Linked IL | −99.00% | 5,959.81 ILA | −0.02% | 3.51 K USD | 0.00 | — | — | 0.17% | Fixed income | Broad credit |
| MORE.S7MORE SAL (4A) TA-35 IL | −99.00% | 11,800 ILA | +0.85% | 1.98 M USD | 0.96 | — | — | 0.12% | Equity | Large cap |
| MORE.S6MORE SAL (4A) Index Banks EW IL | −99.00% | 11,410 ILA | +0.44% | 168.75 K USD | 0.46 | — | — | 0.47% | Equity | Financials |
| MORE.S11MORE SAL (0A)Tel Bond Composite IL ETF Units | −99.00% | 6,054.53 ILA | +0.01% | 30.49 K USD | 0.09 | — | — | 0.12% | Fixed income | Broad credit |
| 183AMAXIS US Treasury Bond 20+ Year ETF (JPY Hedged) Units | −99.00% | 440.2 JPY | −0.36% | 298 USD | 0.00 | 32.91 M USD | −5.77% | — | Fixed income | Investment grade |
 ANLT.F1ATF ETF S&P 500 Units | −99.00% | 6,147 ILA | −0.11% | 365.02 K USD | 0.41 | — | — | 0.01% | Equity | Large cap |
 91GINCNinety One Global Diversified Income Prescient Feeder Actively Managed ETF Units A ZAR | −98.99% | 987 ZAC | −0.30% | 2.36 K USD | 0.14 | — | — | 0.00% | Fixed income | Broad credit |
 7262CSOP Nikkei 225 Daily (2x) Leveraged Product ETF | −95.19% | 180.80 HKD | +3.11% | 126.11 K USD | 0.45 | 366.3 M USD | +126.59% | 1.99% | Equity | Large cap |
| 3153CSOP Nikkei 225 Index ETF | −95.19% | 130.65 HKD | +1.59% | 323.88 K USD | 1.45 | 3.02 B USD | +61.03% | 1.40% | Equity | Large cap |
 STXGBDSatrix Global Bond ETF | −93.98% | 3,571 ZAC | −0.39% | 134.25 K USD | 1.71 | 1.37 B USD | −15.85% | 0.40% | Fixed income | Investment grade |
 233AiFreeETF Nifty50 Units | −90.08% | 1,900 JPY | +0.21% | 180.97 K USD | 1.96 | 25.97 M USD | −7.31% | 0.35% | Equity | Large cap |
| 1367iFreeETF TOPIX Leveraged (2x) Index Units 2014-Without Fixed maturity | −90.07% | 2,969 JPY | +5.13% | 959.04 K USD | 0.47 | 25.38 M USD | +7,195.66% | 0.71% | Equity | Total market |
| 210AiFreeETF Nikkei High Yield REIT Index Units | −90.04% | 1,630 JPY | +1.24% | 434.73 K USD | 2.29 | 87.11 M USD | +13.59% | 0.14% | Equity | Real estate |
| 1365iFreeETF Nikkei225 Leveraged Index Units 2014-Without Fixed maturity | −90.03% | 4,319 JPY | +5.68% | 8.61 M USD | 0.68 | 87.38 M USD | +8,832.30% | 0.75% | Equity | Large cap |
| 2017iFreeETF JPX Prime 150 Units | −90.02% | 1,490 JPY | +3.19% | 373.04 K USD | 0.36 | 55.27 M USD | +36.13% | 0.15% | Equity | Total market |
| 2015iFreeETF US Treasury Bond 7-10 Year (NON HEDGED) Units | −90.00% | 2,201 JPY | −0.23% | 140.37 K USD | 1.59 | 25.12 M USD | +5.47% | 0.10% | Fixed income | Investment grade |
| 140AiFreeETF 10-Year U.S. Treasury Note Futures Inverse ETF Units | −90.00% | 2,009 JPY | +0.45% | 12 USD | 0.00 | 3.02 M USD | −1.29% | — | Fixed income | Broad credit |
| 2016iFreeETF US Treasury Bond 7-10 Year (JPY HEDGED) Units | −89.99% | 1,779 JPY | −0.34% | 3.85 K USD | 0.01 | 90.97 M USD | −3.69% | 0.10% | Fixed income | Investment grade |
| 2247iFreeETF S&P500 (NON HEDGED) ETF Units | −89.95% | 2,288 JPY | −1.04% | 128.68 K USD | 0.12 | 71.17 M USD | +1,182.91% | 0.07% | Equity | Total market |
| 2248iFreeETF S&P500 (JPY HEDGED) ETF Units | −89.95% | 2,697 JPY | +0.15% | 34.74 K USD | 1.03 | 209.99 M USD | +2,280.90% | 0.07% | Equity | Total market |
| 2841iFreeETF NASDAQ100 (JPY HEDGED) | −89.92% | 1,660 JPY | +0.67% | 194.81 K USD | 0.51 | 193.85 M USD | +1,513.91% | 0.20% | Equity | Large cap |
| 2237iFreeETF S&P500 Leveraged (2x) ETF | −89.90% | 2,352 JPY | −0.08% | 70.52 K USD | 0.61 | 12.95 M USD | +6,652.79% | 0.73% | Equity | Large cap |
| 2840iFreeETF NASDAQ100 (NON HEDGED) | −89.89% | 2,709 JPY | +1.12% | 1.45 M USD | 0.58 | 119.55 M USD | +3,333.28% | 0.20% | Equity | Large cap |
| 552AMAXIS US AI Infrastructure Equity ETF Units | −89.78% | 2,490 JPY | +3.53% | 29.06 K USD | 0.31 | 12.71 M USD | — | 0.48% | Equity | Theme |
| 2869iFreeETF NASDAQ100 Leveraged(2x) Units | −89.62% | 2,910 JPY | +3.49% | 2.78 M USD | 0.96 | 91.59 M USD | +3,611.27% | 0.75% | Equity | Large cap |
 510980China Universal Shanghai Composite Index Exchange Traded Fund | −85.25% | 1.355 CNY | +0.82% | 70.64 M USD | 1.64 | — | — | — | Equity | Large cap |
 LABXTradr 2X Long ALAB Daily ETF | −83.38% | 14.89 USD | +7.68% | 7.44 M USD | 0.49 | 59.32 M USD | — | 1.30% | Equity | Information technology |
| SHDSOP Investments III VCC - CSOP Huatai-PB SSE Dividend Index ETF -RMB- | −81.61% | 1.085 SGD | 0.00% | 2.52 K USD | 0.32 | 17.14 M USD | −2.18% | 1.53% | Equity | High dividend yield |
| CRDUTradr 2X Long CRDO Daily ETF | −74.93% | 15.17 USD | +10.31% | 17.94 M USD | 0.68 | 90.43 M USD | — | 1.30% | Equity | Information technology |
 TCH.F173Tachlit SAL (4D) Index World Value U.S.D Hedged- Units | −67.10% | 5,329 ILA | +0.04% | 47.05 K USD | 0.36 | 631.34 M USD | +26.82% | 0.43% | Equity | Total market |
 VUSD/NVanguard S&P 500 UCITS ETF | −40.68% | 1,480.570 MXN | +0.00% | 85 USD | 0.00 | 51.86 B USD | +79.61% | 0.07% | Equity | Large cap |
 CHINA100-MYRVp-Dj Shariah China A-Shares 100 ETF MYR Exchange Traded Fund Units | −30.86% | 1.150 MYR | +4.55% | 196 USD | 0.10 | — | +37.89% | — | Equity | Large cap |
 FEQTFidelity All-in-One Equity ETF Series L Trust Units | −29.16% | 18.85 CAD | +1.34% | 5.33 M USD | 0.89 | 5.4 B USD | +30.55% | 0.52% | Equity | Total market |
| FFIXFidelity All-in-One Fixed Income ETF Trust Unit | −29.07% | 9.86 CAD | −0.10% | 17.98 K USD | 0.15 | 76.77 M USD | — | 0.37% | Fixed income | Broad credit |
 BCCCGlobal X Bitcoin Covered Call ETF Trust Units | −29.05% | 11.84 CAD | +1.72% | 127.26 K USD | 3.24 | 27.23 M USD | — | 1.53% | Currency | Long Bitcoin, short CAD |
 YAMDAMD (AMD) Yield Shares Purpose ETF | −28.86% | 52.50 CAD | +7.91% | 379.6 K USD | 0.47 | 29.17 M USD | +278.14% | 1.86% | Equity | Information technology |
 RQUSRussell Investments Multi-Factor US Equity Pool ETF Units Trust Units | −28.68% | 22.90 CAD | +1.15% | 0 USD | — | 1.13 M USD | — | — | Equity | Total market |
 METLFirst Trust Global Funds ICAV - First Trust Indxx Future Economy Metals UCITS ETF Accum A USD | −25.52% | 35.175 USD | +3.01% | 0 USD | 0.00 | 6.86 M USD | +92.68% | 0.67% | Equity | Theme |
 XSUEiShares III PLC - MSCI World ex-USA UCITS ETF USD | −24.89% | 4.5300 EUR | −0.26% | 252.99 K USD | 326.50 | 691.55 K USD | — | 0.16% | Equity | Total market |
 BOMMFDeutsche Bank AG (London Branch) | −22.97% | 1.76 USD | 0.00% | 176 USD | 0.19 | 50.03 K USD | −54.16% | 0.75% | Commodities | Broad market |
 ZPRISSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD | −15.01% | 33.615 EUR | −0.56% | 130.15 K USD | 0.81 | 1.81 B USD | +17.83% | 0.40% | Asset allocation | Target outcome |
| FTEGFirst Trust Global Funds ICAV - First Trust Europe Growth Strength UCITS ETF Accum A EUR | −14.93% | 20.965 EUR | +0.65% | 0 USD | — | 3.5 M USD | — | 0.67% | Equity | Total market |
| BOSXFDeutsche Bank AG (London Branch) | −13.96% | 10.05 USD | −13.36% | 2.78 K USD | 1.30 | 150.67 K USD | −26.27% | 0.75% | Commodities | Broad market |
 CHNTRAC/11CHNTRAC China SX20 TRACs | −13.57% | 38.00 MXN | 0.00% | 2 USD | 0.05 | 740.81 K USD | +19.05% | — | Equity | Total market |
 515330Tianhong CSI 300 Trading Open Index Securities Investment Fund Units | −13.30% | 1.379 CNY | +3.37% | 10.83 M USD | 2.99 | — | +28.89% | 0.60% | Equity | Large cap |
 GXUSAmundi Global ex-US Government Bond Shs -UCITS ETF- Capitaisation | −12.32% | 4.1533 EUR | −0.21% | 0 USD | 0.00 | 104.02 M USD | — | 0.22% | Fixed income | Investment grade |
 AVEUAmerican Century ICAV - Avantis Europe Equity Ucits Etf | −12.14% | 17.848 EUR | +0.56% | 0 USD | 0.00 | 26.11 M USD | — | 0.26% | Equity | Total market |
 YIWUUYourIndex SICAV-YIS MSCI World Universal-UCITS ETF- Capitalisation | −11.99% | 9.690 EUR | +0.31% | 0 USD | 0.00 | 196.58 M USD | — | 0.21% | Equity | Total market |
| SGBEState Street Global Advisors Luxembourg SICAV - State Street Global Screened Enhanced Equity Fund Capitalisation -UCITS ETF- | −11.91% | 10.000 EUR | +0.39% | 34 USD | 0.00 | — | — | 0.51% | Equity | Total market |
 DZUSHANetf II ICAV - DZ Bank S&P 500 UCITS ETF | −11.86% | 6.9358 EUR | +0.20% | 0 USD | 0.00 | 7 M USD | — | — | — | — |
 ASWLREX Tech Innovation Income & Growth UCITS ETF USD | −11.86% | 23.690 EUR | +1.09% | 101.75 K USD | 1.09 | 18.68 M USD | — | 0.67% | Equity | Information technology |
| AVUSAvantis Global Equity Ucits ETF | −11.82% | 19.316 EUR | +0.41% | 141.24 K USD | 1.50 | 93.25 M USD | — | 0.21% | Equity | Total market |
| C47BHANetf II ICAV - KRC Cat Bond UCITS ETF Accum- USD | −11.80% | 9.1616 EUR | −0.07% | 209.22 K USD | 1.04 | 17.19 M USD | — | 1.38% | Fixed income | Broad credit |
 FVEMFranklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF | −11.66% | 37.595 EUR | +2.45% | 601 USD | 0.06 | — | +50.67% | 0.18% | Equity | Total market |
| ASWKREX Tech Innovation Premium Income UCITS ETF USD | −11.47% | 19.194 EUR | +0.81% | 117.72 K USD | 0.32 | 46.68 M USD | — | 0.67% | Equity | Information technology |
| AVPEAmerican Century ICAV - Avantis Pacific Equity Ucits Etf | −11.40% | 18.466 EUR | +1.46% | 0 USD | 0.00 | 13 M USD | — | 0.26% | Equity | Total market |
 2033NEXT NOTES KOSPI200 Leverage ETN | −11.09% | 78,090 JPY | +9.86% | 5.04 M USD | 1.03 | 44.27 M USD | +524.30% | 0.80% | Equity | Large cap |
| BUGGlobal X Cybersecurity ETF | −11.08% | 650.00 MXN | −8.45% | 820 USD | 0.35 | 1.35 B USD | +81.94% | 0.50% | Equity | Theme |
 MICHMagellan Infrastructure Fund Currency Hedged Units | −10.33% | 3.09 AUD | −0.96% | 494.11 K USD | 1.44 | 352.74 M USD | +49.02% | 1.05% | Equity | Theme |
 EQ8MY25EQ8 DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 ETF | −8.93% | 1.000 MYR | 0.00% | 24 USD | 0.00 | 742.95 K USD | +16.01% | 0.49% | Equity | Large cap |
 MTF.F54MTF SAL (4D) Indxx USA Cloud Computing Units | −8.82% | 3,534 ILA | +0.57% | 5.67 K USD | 0.65 | — | +48.24% | 0.83% | Equity | Theme |
 IBI.F184I.B.I. SAL (4A) Index Israeli Mid Cap & Banks IL Units | −8.49% | 6,795 ILA | +0.52% | 333 USD | 0.00 | 197.54 K USD | — | — | Equity | Total market |
 TSLQLeverage Shares -3x Short Tesla ETP | −7.97% | 10.858 EUR | +4.44% | 0 USD | 0.00 | 5.33 M USD | −99.91% | 4.78% | Equity | Consumer discretionary |
| 1485Maxis Japan Proactive Invest In Phys & Human Cap 200 IDX ETF | −7.76% | 52,450 JPY | −3.67% | 323 USD | 0.59 | 29.82 M USD | +75.59% | 0.22% | Equity | Total market |
 412ANEXT FUNDS TIP FactSet Taiwan Innovative Technology 50 ETF Units | −7.72% | 4,245 JPY | +2.81% | 378.83 K USD | 1.33 | 25.98 M USD | — | 0.28% | Equity | Information technology |
| MTF.F39MTF SAL (4A) S&P Aerospace & Defense Currency-Hedged | −7.66% | 5,335 ILA | +0.87% | 107.04 K USD | 0.64 | — | +114.09% | 0.83% | Equity | Industrials |
 450190SAMSUNG KODEX Korea China Semiconductor ETF (SYNTH) Units | −7.49% | 54,680 KRW | +7.28% | 265.46 K USD | 2.79 | 24.2 M USD | +249.48% | 0.25% | Equity | Information technology |
 CRYPBetashares Crypto Innovators ETF | −6.25% | 7.48 AUD | +8.25% | 841.35 K USD | 2.12 | 114.45 M USD | +92.16% | 0.67% | Equity | Theme |
| 7366CSOP Tesla Daily (-2x) Inverse Product HKD Counter | −6.13% | 10.23 HKD | +3.86% | 123.89 K USD | 0.90 | 6.53 M USD | — | 2.00% | Equity | Consumer discretionary |
| 7799CSOP MicroStrategy Daily (2x) Leveraged Product HKD Counter | −6.04% | 2.466 HKD | +11.89% | 186.78 K USD | 0.99 | 4.18 M USD | — | 2.00% | Equity | Information technology |
| MTF.F24MTF SAL (4D) S&P Aerospace & Defense | −5.99% | 13,240 ILA | −0.38% | 78.01 K USD | 0.76 | — | +111.54% | 0.83% | Equity | Industrials |
| 1319NEXT FUNDS NIKKEI 300 Index ETF | −5.49% | 730.0 JPY | +1.39% | 22.45 K USD | 1.28 | 24.82 M USD | +80.66% | 0.51% | Equity | Total market |
| 0048K0SAMSUNG KODEX China Humanoid Robot ETF Units | −5.28% | 9,045 KRW | +5.54% | 11.09 M USD | 1.31 | 115.49 M USD | — | 0.45% | Equity | Theme |
| 428510SAMSUNG KODEX China AI Tech Active ETF Units | −5.02% | 27,140 KRW | +12.43% | 627.45 K USD | 1.12 | 45.94 M USD | +105.16% | 0.50% | Equity | Theme |
 0162L0SAMSUNG KODEX China AI Semiconductor TOP10 ETF Units | −4.99% | 16,575 KRW | +12.68% | 22.66 M USD | 1.41 | 78.29 M USD | — | 0.55% | Equity | Information technology |
 TRUHVanEck Healthcare TruSector ETF | −4.98% | 27.93 USD | +0.58% | 1.79 K USD | 0.04 | 586.73 K USD | — | 0.10% | Equity | Health care |
| 2253Global X SuperDividend U.S. ETF | −4.93% | 1,380 JPY | −0.86% | 342.82 K USD | 4.53 | 1.81 M USD | +24.14% | 0.03% | Equity | High dividend yield |
 1596NZAM ETF TOPIX Ex-Financials ETF | −4.93% | 2,905 JPY | −2.97% | 1.3 K USD | 3.51 | 43.14 M USD | +67.27% | 0.11% | Equity | Total market |
 ETFPLD1nvestPalladium ETF | −4.80% | 20,007 ZAC | +0.48% | 1.94 K USD | 1.88 | 3.05 M USD | −7.23% | — | Commodities | Palladium |
 93UNikko AM Asia Limited VCC - Amova MSCI AC Asia ex Japan ex China Index ETF -USD- | −4.79% | 1.400 USD | −7.83% | 2.8 K USD | 0.01 | 1.78 M USD | — | 0.60% | Equity | Total market |
| 1322Listed Index Fund China A Share (Panda) CSI300 Index | −4.79% | 12,195 JPY | +4.95% | 57.99 K USD | 1.73 | 17.1 M USD | +60.19% | 0.15% | Equity | Large cap |
| 450180SAMSUNG KODEX Korea China New Energy Vehicles ETF(SYNTH) Units | −4.66% | 11,205 KRW | +2.38% | 8.25 K USD | 1.90 | 5.09 M USD | +34.08% | 0.31% | Equity | Theme |
 BBOI11BB ETF Indice Futuro de Boi Gordo B3 Fundo de Indice | −4.52% | 11.64 BRL | +0.69% | 43.79 K USD | 1.80 | 8.92 M USD | +16.02% | 0.45% | Commodities | Live cattle |
| EMXCiShares MSCI Emerging Markets Ex China ETF Units Exchange Traded Fund | −4.49% | 40.30 AUD | +3.33% | 2.75 M USD | 3.10 | 289.99 M USD | +56.03% | 0.25% | Equity | Total market |
 00909Cathay Global Digital Payment Services ETF | −4.38% | 45.91 TWD | +6.10% | 2.06 M USD | 1.14 | 143.21 M USD | +51.78% | 0.95% | Equity | Financials |
| 3PLTLeverage Shares 3x Palantir ETP | −3.95% | 374.68 EUR | +1.20% | 8.55 K USD | 0.10 | 21.52 M USD | +925.55% | 3.75% | Equity | Information technology |
 561800Harfor CSI Rare Metals Industry Exchange Traded Fund | −3.94% | 0.941 CNY | +5.38% | 3.37 M USD | 0.94 | 30.51 M USD | +74.10% | 0.60% | Equity | Industrials |
| CORN11BB ETF Indice Futuro de Milho B3 Fundo de Indice | −3.93% | 7.00 BRL | −1.55% | 5.2 K USD | 0.38 | 5.12 M USD | +8.38% | 0.45% | Commodities | Corn |
| 1681Listed Index Fund International Emerging Countries Equity | −3.90% | 3,370 JPY | +3.79% | 70.76 K USD | 0.48 | 79.57 M USD | +100.54% | 0.34% | Equity | Total market |
| 2637Global X CleanTech Japan ETF | −3.85% | 2,768 JPY | −0.54% | 137.49 K USD | 0.75 | 8.95 M USD | +94.43% | 0.59% | Equity | Theme |
 ZILRZiller Global Fund Active ETF Units | −3.61% | 4.42 AUD | +0.23% | 69.59 K USD | 3.50 | — | — | 1.33% | Equity | Total market |
 AREA11BTG Pactual Teva ITBR IPCA Rendimento Fundo de Indice | −3.58% | 102.76 BRL | −0.43% | 158.97 K USD | 2.15 | 12.64 M USD | — | 0.30% | Fixed income | Broad credit |
 KSM.F191KSM ETF 4D CSI300 ETF | −3.58% | 26,680 ILA | +1.14% | 50.95 K USD | 0.96 | 13.6 M USD | — | 0.53% | Equity | Large cap |
| 2046NEXT NOTES Nifty PR 2x Leverage Index ETN | −3.57% | 25,045 JPY | −0.75% | 153.46 K USD | 0.91 | 74.06 M USD | +15.34% | — | Equity | Total market |
 BHYPETC Issuance GmbH Exchange Traded Product 2026-open end on Digital Asset | −3.57% | 26.240 EUR | −2.60% | 0 USD | 0.00 | 2.26 M USD | — | — | Currency | Pair long HYPE,short USD |