New Leveraged Commodity & Currency ETFs ~ market folly

Thursday, December 11, 2008

New Leveraged Commodity & Currency ETFs

Here's a quick list of some new ETFs hitting the markets:

  • UCD ProShares Ultra DJ-AIG Commodity
  • CMD ProShares Ultra Short DJ-AIG Commodity
  • UCO ProShares Ultra DJ-AIG Crude Oil
  • SCO ProShares Ultra Short DJ-AIG Crude Oil
  • ULE ProShares Ultra Euro
  • EUO ProShares UltraShort Euro
  • YCL ProShares Ultra Yen
  • YCS ProShares UltraShort Yen
  • UGL ProShares Ultra Gold
  • GLL ProShares UltraShort Gold
  • AGQ Proshares Ultra Silver
  • ZSL Proshares UltraShort Silver
I find it highly ironic that in a time where everyone is deleveraging & concerned about leverage, that we continually see more and more leveraged ETFs popping up. Just what we needed! Oh, and if you missed it, the new triple levered ETFs take the cake!

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