Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have ...
Our next discussion focuses on a leveraged ETF (LETF), i.e., the Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares. The fund seeksdailyinvestment results of 200% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. Components of the fund incl...