Inverse ETFs Soar at the Start of 2024
ASMLASML Holding(ASML) Zacks Investment Research·2024-01-05 01:02

The U.S. stock market started to falter after a marvelous rally in 2023. This can be attributed to a decline in big tech and a rise in yields. Investors’ enthusiasm over the Fed rate cuts also faded, reflecting concerns about the skyrocketing market after a sharp rally over the past two months. This resulted in huge demand for inverse or inverse-leveraged ETFs as these fetch outsized returns on bearish sentiments in a short span. We have highlighted five leveraged inverse ETFs that piled up handsome gains i ...