Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Portfolio > ETFs

Leveraged and Inverse

X
Your article was successfully shared with the contacts you provided.

Rydex Investments has launched six ExpressShares ETFs, which trade on the American Stock Exchange and provide leveraged and inverse exposure to the S&P 500, S&P MidCap 400, and Russell 2000 indices. Rydex’s leveraged ETFs seek to increase benchmark exposure by 200%, while Rydex’s inverse ETFs look to move in the opposite direction of their specific benchmarks on a daily basis, enabling potential profits during market downturns.

“With the launch of the new ExpressShares ETFs, we’re pleased to respond to client requests for leveraged and inverse strategies within a low-cost ETF format,” said Tim Meyer, ETF business manager at Rydex Investments, in a statement.

These new ETFs round out the firm’s suite of exchange traded products, and Rydex now offers more than 30 ETFs, providing exposure to broad market, sector, style, currency, and leveraged and inverse investment strategies.

Coinciding with the launch of the firm’s leveraged and inverse ETFs, Rydex also introduced a multimedia educational initiative to help increase investors’ ETF knowledge. The Rydex ETF Essentials program provides information on ETF topics, ranging from pricing and liquidity to the creation and redemption process. The program material is available in print, online, and through podcasts.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.