Thursday, October 31, 2013

Treat and Trick

Happy Halloween!

What a wonderful treat for the fans and the city of Boston as the Boston Red Sox defeated the St. Louis Cardinals in 6 games to win their 3rd World Series in the last 10 seasons – congratulations Boston Strong!

Back in our world of ETFs, we thought Halloween would be a good day to explore the Risk side of our ratings and in particular look at whether Levered and Inverse are often a “Trick” as it relates to Risk.  The majority of our subscribers, stick to the ETPs that do not employ leverage and are not Inverse.  As of today, here are the highest Risk Rated ETPs without leverage and not inverse in nature.  Just click on the Ticker for a comprehensive TearSheet:

Ticker
Name
Risk
C-Tracks Linked to the CVOLT Index ETN
9.33
Guggenheim Solar ETF
8.93
Market Vectors Solar Energy ETF
8.83
ELEMENTS SPECTRUM Large Cap U.S. Sector Momentum ETN
8.64
Global X Gold Explorers ETF
8.47
Market Vectors Egypt Index ETF
8.28
Global X Pure Gold Miners ETF
7.93
UBS ETRACS S&P 500 Gold Hedged Index ETN
7.85
Market Vectors Junior Gold Miners ETF
7.78
VelocityShares Daily Long VIX Short-Term ETN
7.76

Now we certainly understand that there are those folks out there with an appetite for Leverage and Inverse who employ strategies that use them effectively.  Here are today’s ETPs with the highest Risk Scores inclusive of Levered and Inverse

Ticker
Name
Inverse
Levered
Risk
Direxion Daily India Bull 3x Shares ETF
-
Yes
10.00
Direxion Daily Latin America Bull 3x Shares ETF
-
Yes
9.65
Direxion Daily Natural Gas Bull 3x Shares ETF
-
Yes
9.57
Direxion Daily China 3X Bull Shares ETF
-
Yes
9.54
VelocityShares 3x Long Silver ETN
-
Yes
9.53
VelocityShares 3x Long Crude ETN
-
Yes
9.51
Direxion Daily Gold Miners Bull 3x Shares ETF
-
Yes
9.50
VelocityShares 3x Inver Brent Crude ETN
Yes
Yes
9.45
Direxion Daily Emerging Markets Bull 3X ETF
-
Yes
9.37

There is a ton more to discuss and explore within these dynamics outside of this post – all available at ETFG Scanner.  

We hope that everyone, including your little trick-or-treaters, have a safe and wonderful Halloween and thank you for reading ETFG Daily Perspectives. 

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