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dexion10 (29.47)

List of Levered ETF's | Great for CAPS | Dangerous in real life - levered ETF's have big flaw!

Recs

11

December 05, 2008 – Comments (5) | RELATED TICKERS: TNA , BGZ , TZA

Enjoy!! FYI - levered ETF's are great for CAPS trades because you can pick a market direction and if you are right you will get outperformance.

In real life these products products are busted... if you hold them for the long-term the options (volatility) premiums will destroy your money. These ETF's things invest in options and that is very expensive over the long-term.

For an example of how these ETF's are flawed: Look at the ETF that is an ultrashort of oil (DUG)... this ETF is down on the year even though oil has fallen 60% since the beginning of the year.

 

By default these ETFs are long-term shorts  -these ETF products breakdown over time.

 

LOOK AT THE EMERGING MARKET ETF's.... the levered (2x) ETF (EEV) is underperforming the un-levered ETF (EUM).

 

 

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HERE IS A LIST OF MANY LEVERED ETF'S  ENJOY

 

RRY    Rydex 2x Russell 2000    LONG
RSU    Rydex 2x S&P 500    LONG
RMM    Rydex 2x S&P MidCap 400    LONG
REA    Rydex 2x S&P Select Sector Energy    LONG
RFL    Rydex 2x S&P Select Sector Financial    LONG
RHM    Rydex 2x S&P Select Sector Health Care    LONG
RTG    Rydex 2x S&P Select Sector Technology    LONG
XLG    Rydex Russell Top 50    LONG
RPG    Rydex S&P 500 Pure Growth    LONG
RPV    Rydex S&P 500 Pure Value    LONG
RSP    Rydex S&P Equal Weight    LONG
RCD    Rydex S&P Equal Weight Consumer Discr    LONG
RHS    Rydex S&P Equal Weight Consumer Staples    LONG
RYE    Rydex S&P Equal Weight Energy    LONG
RYF    Rydex S&P Equal Weight Financials    LONG
RYH    Rydex S&P Equal Weight Health Care    LONG
RGI    Rydex S&P Equal Weight Industrials    LONG
RTM    Rydex S&P Equal Weight Materials    LONG
RYT    Rydex S&P Equal Weight Technology    LONG
RYU    Rydex S&P Equal Weight Utilities    LONG
RFG    Rydex S&P Midcap 400 Pure Growth    LONG
RFV    Rydex S&P Midcap 400 Pure Value    LONG
RZG    Rydex S&P Smallcap 600 Pure Growth    LONG
RZV    Rydex S&P Smallcap 600 Pure Value    LONG
UYM    Ultra Basic Materials ProShares    LONG
UGE    Ultra Consumer Goods ProShares    LONG
UCC    Ultra Consumer Services ProShares    LONG
DDM    Ultra Dow30 ProShares    LONG
UYG    Ultra Financials ProShares    LONG
RXL    Ultra Health Care ProShares    LONG
UXI    Ultra Industrials ProShares    LONG
MVV    Ultra MidCap400 ProShares    LONG
DIG    Ultra Oil & Gas ProShares    LONG
QLD    Ultra QQQ ProShares    LONG
URE    Ultra Real Estate ProShares    LONG
UKW    Ultra Russell MidCap Growth ProShares    LONG
UVU    Ultra Russell MidCap Value Proshares    LONG
UKF    Ultra Russell1000 Growth ProShares    LONG
UVG    Ultra Russell1000 Value ProShares    LONG
UKK    Ultra Russell2000 Growth ProShares    LONG
UWM    Ultra Russell2000 ProShares    LONG
UVT    Ultra Russell2000 Value ProShares    LONG
SAA    Ultra S&P SmallCap600 ProShares    LONG
SSO    Ultra S&P500 ProShares    LONG
USD    Ultra Semiconductor ProShares    LONG
ROM    Ultra Technology ProShares    LONG
LTL    Ultra Telecommunications ProShares    LONG
UPW    Ultra Utilities ProShares    LONG
RRZ    Rydex Inverse 2x Russell 2000    SHORT
RSW    Rydex Inverse 2x S&P 500    SHORT
RMS    Rydex Inverse 2x S&P MidCap 400    SHORT
REC    Rydex Inverse 2x S&P Select Sector Enrgy    SHORT
RFN    Rydex Inverse 2x S&P Select Sector Fincl    SHORT
RHO    Rydex Inverse 2x S&P Select Sector Hlth    SHORT
RTW    Rydex Inverse 2x S&P Select Sector Tech    SHORT
DOG    Short Dow30 ProShares    SHORT
SEF    Short Financials ProShares    SHORT
MYY    Short MidCap400 ProShares    SHORT
EFZ    Short MSCI EAFE ProShares    SHORT
EUM    Short MSCI Emerging Mrkts ProShares    SHORT
DDG    Short Oil & Gas ProShares    SHORT
PSQ    Short QQQ ProShares    SHORT
RWM    Short Russell2000 ProShares    SHORT
SBB    Short S&P SmallCap600 ProShares    SHORT
SH    Short S&P500 ProShares    SHORT
SMN    UltraShort Basic Materials ProShares    SHORT
SZK    UltraShort Consumer Goods ProShares    SHORT
SCC    UltraShort Consumer Services ProShares    SHORT
DXD    UltraShort Dow30 ProShares    SHORT
SKF    UltraShort Financials ProShares    SHORT
RXD    UltraShort Health Care ProShares    SHORT
TBT    UltraShort Lehman 20+ Trsy ProShares    SHORT
PST    UltraShort Lehman 7-10 Yr Trsy ProShares    SHORT
MZZ    UltraShort MidCap400 ProShares    SHORT
EFU    UltraShort MSCI EAFE ProShares    SHORT
EEV    UltraShort MSCI Emerging Mrkts ProShares    SHORT
EWV    UltraShort MSCI Japan Proshares    SHORT
DUG    UltraShort Oil & Gas ProShares    SHORT
QID    UltraShort QQQ ProShares    SHORT
SRS    UltraShort Real Estate ProShares    SHORT
SDK    UltraShort Russell MidCap Gr ProShares    SHORT
SJL    UltraShort Russell MidCap Val ProShares    SHORT
SFK    UltraShort Russell1000 Growth ProShares    SHORT
SJF    UltraShort Russell1000 Value ProShares    SHORT
SKK    UltraShort Russell2000 Growth ProShares    SHORT
TWM    UltraShort Russell2000 ProShares    SHORT
SJH    UltraShort Russell2000 Value ProShares    SHORT
SDS    UltraShort S&P500 ProShares    SHORT
SSG    UltraShort Semiconductor ProShares    SHORT
SDD    UltraShort SmallCap600 ProShares    SHORT
REW    UltraShort Technology ProShares    SHORT
REW    UltraShort Technology ProShares    SHORT
TLL    UltraShort Telecommunications ProShares    SHORT
SDP    UltraShort Utilities ProShares    SHORT
SEF    Short Financials ProShares    SHORT
FXP    UltraShort FTSE/Xinhua China 25 Proshare    SHORT
BGU    Large Cap Bull 3X Shares – Russell 1000    LONG 3X
BGZ    Large Cap Bear 3X Shares – Russell 1000    SHORT 3X
TNA    Small Cap Bull 3X Shares – Russell 2000    LONG 3X
TZA    Small Cap Bear 3X Shares – Russell 2000    SHORT 3X
ERX    Energy Bull 3X Shares – Russell 1000 Energy    LONG 3X
ERY    Energy Bear 3X Shares – Russell 1000 Energy    SHORT 3X
FAS     Bull - Russell 1000 Financial Services    LONG 3X
FAZ    Bear - Russell 1000 Financial Services    SHORT 3X

5 Comments – Post Your Own

#1) On December 05, 2008 at 4:01 PM, Hodarius (< 20) wrote:

Oops! The Rydex "equal weight" ETFs that you listed aren't leveraged at all, but simply own stocks like any ordinary ETF:

XLG , RPG, RPV, RSP, RCD, RHS, RYE, RYF, RYH, RGI, RTM, RYT, RYU, RFG, RFV, RZG, RZV.

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#2) On December 05, 2008 at 4:08 PM, dexion10 (29.47) wrote:

thanks - the list came from my spreadsheet of ETF's - not all are levered -just most of them

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#3) On December 05, 2008 at 4:19 PM, anchak (99.74) wrote:

Absolutely true.....

 

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#4) On December 05, 2008 at 10:07 PM, johnw106 (31.47) wrote:

One of the first things I read about ETFs was to avoid the leveraged ones unless you are a day trader moving large volumes. They are not well suited for retail investors to trifle with.

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#5) On December 06, 2008 at 9:35 AM, jegr5347 (< 20) wrote:

Could Friday's rally have been the kiss of death? I can only imagine short covering. Hartford Financial could not have responsible for that.

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