Leveraged ETFs have traditionally been the domain of aggressive traders, hedge funds, and other institutional investors with an above-average risk tolerance.
They have been introduced in variations that are typically two or three times the daily underlying or inverse price movement of a heavily traded index.
Many of these established funds, such as the ProShares Ultra S&P500 ETF (NYSE: SSO), may be too risky for most conventional investors because the gains and losses are significantly magnified.
However, Direxion Investments is seeking to bridge the gap between a boring index fund and a highly leveraged ETF with the release of four new “lightly leveraged” products. Last week marked the ...
/www.benzinga.com/etfs/broad-u-s-equity-etfs/15/01/5147427/direxion-debuts-lightly-leveraged-etfs alt=Direxion Debuts Lightly Leveraged ETFs>Full story available on Benzinga.com
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