We woke up this morning and found our dog and cat sleeping together. Turning on the news we hear of rivers and seas boiling over. It’s a disaster of biblical proportions! However, there’s no need for mass hysteria, it’s only a consumer electronics company and Apple surely isn't going out of business. In fact, savvy investors may say the stock has been telegraphing yesterday’s rare earnings and guidance miss having already lost almost 14% of its value in the last month. If you don’t think this rare phenomenon will lead to 40 years of darkness you might want to look among the wreckage to seize the opportunity. One fund that might get slimed today is the iShares Dow Jones U.S. Technology Index Fund (IYW) with over 24% of its assets in Apple Inc., a higher weight than the more well known QQQ and XLK, which could also take it on the chin at the open. Indeed there are 94 funds that will be affected by Apple’s stock price today and you can see them all on our ETP Grey Market Summary, just enter the ticker AAPL in the search box on the upper right part of the site. Other sources may tell you the funds that actually hold Apple but only ETF Global includes all those leveraged and inverse products that will also be affected. If you think this stock has further to fall and you want a leveraged play, the ProShares UltraPro Short QQQ Fund (SQQQ) is inversely leveraged by three times to the NASDAQ 100 Index that weights Apple at 19.19% and will be a winner at today’s open if Apple opens down. We don’t assign Reward Ratings to leveraged funds but its unleveraged cousin, QQQ, gets 9.1 Green Diamonds, a high rating which suggests the non-inversely leveraged funds may be better plays beyond today’s fire and brimstone. You can see a list of those by clicking the top of the “Lev Factor” column to sort either in ascending or descending order. Leveraged and inverse funds are included in our Risk Rating cross ranks and they tend to populate the higher risk scores so use caution and check with your compliance officer before purchasing. We don't have any unlicensed nuclear accelerators on our backs but when you need some scientists to analyze your ETF choices, who you gonna call? ETF Global.