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.