Overview
Description
The Redhill Daily 2x Leveraged & Inverse ETF is a type of exchange-traded fund designed to provide investors with magnified exposure to the performance of a targeted benchmark index. Featuring dual strategies, this ETF aims to deliver twice the returns of the underlying index on a daily basis in both directions – bullish and bearish. Lavished with flexibility, it caters to short-term tactical traders seeking to capitalize on directional market movements within a single day trading session. By employing derivatives and financial engineering techniques, the ETF allows investors to amplify potential profits but also increases risk exposure. It plays a noteworthy role in the financial market by facilitating hedging strategies, enhancing portfolio returns through leveraged positions, and offering inverse exposure to market downturns. Market participants typically include day traders, professional investors, and those managing complex financial strategies who utilize this dynamic tool to navigate market volatility, making it a distinctive instrument within the leveraged and inverse ETF category.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United States
MIC code
XNMS