Series 66: Non-Traditional ETFs

Taken from our Series 66 Online Guide

Non-Traditional ETFs

ETFs as just described are called traditional ETFs, in contrast to the riskier non-traditional ETFs, which were introduced to the markets in 2006. Leveraged ETFs use derivative products such as equity futures and swaps to receive daily returns two to three times above the returns of the index they are tracking. For example, a triple leveraged ETF is one that projects ret

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