10 inverse ETFs that could benefit from #BlackMonday
The heavy selling of shares more broadly on stock markets worldwide on Monday 24 August could be good news for shareholders in 10 inverse ETF products that have been identified by data as having already offered returns of up to 200% in the past three months alone.
The data, provided by Financial Express, point to oil, emerging markets generally, and certain emerging markets specifically as key areas in which investors have made strong returns over the past month and past three months.
For some investors, however, the relatively small size of some of these funds means that they will continue to find it hard to utilise them as a hedge against further deterioration in the relevant asset classes.
|Fund||1 month performance % (rebased in €)||3m|
|VelocityShares 3x Inverse Crude ETN in EU||88.58||205.44|
|Boost WTI Oil 3x Short Daily ETP in EU||75.57||180.59|
|Direxion Daily Emerging Markets Bear 3x Shares in EU||41.53||82.70|
|ProShares UltraShort MSCI Brazil in EU||37.42||67.28|
|ProShares UltraShort MSCI Emerging Markets TR in EU||31.84||58.21|
|ProShares UltraShort MSCI Mexico Investable Market in EU||21.96||31.22|
|ETFS Daily Short WTI Crude Oil in EU||20.99||45.63|
|ETFS Daily Short WTI Crude Oil USD in EU||20.99||45.63|
|Direxion Daily Energy Bear 3x Shares in EU||20.65||67.80|
|ETFS Daily Short Brent Crude USD in EU||18.49||39.20|
Source: Financial Express, data to 20 August 2015