Today, you can buy a leveraged ETF — riskier by design than the securities it bundles together.
Or an inverse ETF, which goes up when the relevant market bundle goes down.
Or a synthetic ETF, which tracks its benchmark with derivatives rather than by holding the underlying securities. Or you can trade options on any of the above.
Do complex ETFs pose a systemic financial risk? more> http://tinyurl.com/k34xjex
- EU Searches for Meaning of Derivative as Rules Take Effect, Ben Moshinsky, Bloomberg