Global X Ultra Short Nasdaq 100 Hedge The Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) is an actively managed fund that aims to provide investors with geared returns that are negatively related to the returns of the Nasdaq-100 Index by investing primarily in a portfolio of short E-mini Nasdaq-100 Futures contracts listed on the Chicago Mercantile Exchange.
The NASDAQ 100 index now has a pivot high of 14,446 points and FTFF of 14309.