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Leveraged ETFs are generally best left for professional traders and investors, or those looking to profit from a short move in the markets. They are not designed for long-term, buy-and-hold investors.
In November 2008 the company was the first to offer ETFs with 3X leverage, a move that was copied some months later by its competitors ProShares and Rydex Investments. The move made it one of the fastest-growing ETF companies, with its sixteen 3X ETFs reaching a total of $3.4 billion in assets by April 2009.
Leveraged and inverse products have given investors access to an investment space that was typically relegated to only high-net worth individuals or institutions. With the transparency and ...
The following ETFs are good examples of Leveraged ETFs: UBS AG FI Enhanced Large Cap Growth 2x ETF (NYSE Arca FBGX) - tracks the Russell 1000 and will provide investors with a cash payment at the scheduled maturity or early redemption based on the 2x leveraged performance of the Russell 1000 Growth Index Total Return. [7]
Amid huge volatility and uncertainty, the appeal for leveraged ETFs has been soaring although these products occupy a small slice of the ETF space.
U.S. equities were rolling through 2019 after a lackluster fourth quarter, but sputtered in May as volatility from U.S.-China trade deal negotiations breaking down threw a speed bump in front of ...