By the ETF research team at Direxion.
2021 has already been a fickle year for the big banks. And yet, followers of the financials know what usually happens next: the banks show weakness.
ProShares has rolled out a pair of leveraged equity ETFs on Nasdaq providing amplified exposure to two sought-after investment themes: cybersecurity and cloud computing.
CSOP Asset Management has launched two new leveraged and inverse ETPs in Hong Kong providing exposure to large-cap China A-share companies.
Leverage Shares has cross-listed its entire suite of 40 inverse and leveraged single-stock ETPs to Euronext Amsterdam.
CSOP Asset Management has launched the first ETPs tracking inverse and leveraged versions of the Hang Seng TECH Index, the innovative Chinese technology sector index.
Lyxor has listed its Lyxor Nasdaq-100 Daily (2x) Leveraged UCITS ETF on Deutsche Börse’s Xetra platform. The fund provides twice the daily return of the tech-leaning large-cap index.
Hang Seng Indexes has introduced inverse and leveraged variations of the Hang Seng TECH Index, its blockbuster Chinese technology sector index.
CSOP Asset Management has unveiled two new ETPs in Hong Kong that are the territory’s first to provide leveraged and inverse exposure to Chinese A-shares. The CSOP CSI 300 Index Daily (2x) Leveraged Product (7233 HK) and CSOP CSI 300 Index Daily (-1x) Inverse Product (7333 HK) have listed on the Stock Exchange of Hong Kong and come with expense ratios of 1.99%.
Leverage Shares has launched 28 new ETPs on London Stock Exchange providing investors with inverse or leveraged exposure to popular individual stocks traded on US exchanges. Oktay Kavrak, Institutional Sales at Leverage Shares, said, “Our products are meant for experienced investors to capitalize on opportunities in both directions. These include short-term tactics like magnifying intraday moves and reacting to the news, while also catering to longer-term strategies like managing risk through hedging.”
The Stock Exchange of Hong Kong has welcomed its first ETP to provide leveraged exposure to commodity markets. The CSOP Gold Futures Daily (2x) Leveraged Product (7299 HK) provides 200% of the daily return of the Solactive Gold 1-Day Rolling Futures Index which tracks the performance of the active month gold futures contract traded on COMEX.