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What Are Leveraged & Inverse ETFs & ETNs & How Do They Work?
Leveraged and inverse ETFs (exchange-traded funds) and ETNs (exchanged-traded notes) are types of ETPs (exchanged-traded products) designed to provide a multiple of and/or the inverse of the performance of a certain index or benchmark on a daily basis. These products are complex investments and can be risky. In fact, some of these ETFs and ETNs ...
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