Xu (2014), "Do Leveraged Exchange-traded Products Deliver Their Stated Multiples?" Journal of Banking & Finance 43, pp.29-47.Loviscek, A., H. Tang, and X.E. Xu (2014), "Do leveraged exchange-traded products deliver their stated multiples?" Journal of Banking & Finance 43(3), pp....
A handful of these unique exchange-traded products are popular enough as trading vehicles to warrant offering short-dated option contracts. This chapter takes a look at these instruments and short-term option trading strategies based on these products....
equity market index, this paper simulates the return deviation and multiple deviation for Leveraged Exchange-Traded Products (LETPs) with different rebalancing frequencies, including daily, monthly, annually, and every five years, over various holding periods. We find that the general perception that ...
Leverage Shares has several 5x leveraged exchange traded products: 5x U.S. 500, 5x 20+ Year Treasury Bond, 5x 7-10 Year Treasury Bond, 5x TIPS, 5x Magnificent 7, -5x 20+ Year Treasury Bond, -5x 7-10 Year Treasury Bond, and -5x TIPS.14 The Bottom Line LETFs are specialized financi...
Exchange-traded products (ETPs), including exchange-traded funds (ETFs), commodity pools and exchange-traded notes (ETNs), are a popular way to invest, with thousands of different products available to target almost every imaginable investment objective.
The first leveraged exchange-traded product in the U.S. linked to the cannabis industry launched today on the New York Stock Exchange. REX Sharestoday added to its MicroSectors™ lineup with the launch of MJO, an Exchange-Traded Note (ETN) linked to MSMJ, the Indxx MicroSectors™ North ...
exchange-traded fundsleverageprice deviationstracking errorsfinancial innovationIn this paper, we examine the pricing efficiency and the tracking ability of leveraged exchange-traded funds (LETFs), which are a recent and very successful financial product. The goal of these funds is to generate daily ...
As the market of leveraged exchange-traded products become a sizeable connected part of the financial market, it is crucial to better understand its feedback effect and broader market impact. This is important not only for individual and institutional investors, but also for regulators.Leung, Tim;...
Oil prices retreated recently as traders are eagerly anticipating the release of inventory data. In the meantime, playing the energy sector with leveraged exchange-traded products (ETPs) will once again see the majority of activity in oil.
Leveraged and inverse exchange-traded products (ETPs) are complex financial instruments that aim to deliver returns calculated as multiples of the underlying indexes they track—and, in Schwab's opinion, are probably not suitable for most investors. In fact, the U.S. Securities and Exchange Commis...