UBS Adds New S&P 500 Leveraged ETN, Barron’s 400 Index Gets a Makeover

By: ETFdb
As market jostle back and forth, investors have been prepping themselves for what appears to be a sideways pattern in major indexes. Though stocks have been relatively busy as of late, the ETF world was relatively quiet last week, with no new launches. The past few days, however, have seen things pick up as an index rebalance has shifted a popular existing ETF while a new UBS ETN hit the Street yesterday [for more ETF news and analysis subscribe to our free newsletter]. ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN The newest addition to the UBS lineup, SPLX will employ a 200% leverage on popular S&P 500 Total Return (TR) index. A total return index is one that sees dividends and interest reinvested back into the index. To give you an idea of how big of a difference that makes, the Dow Jones Total Return index has outperformed [...] Click here to read the original article on ETFdb.com. Related Posts: The Most Successful New ETFs of 2013 7 ETF Types To Be Thankful For ETF Insider: New Highs & Lows November 23rd Edition ETF Insider: New Highs & Lows October 26th Edition Renaissance Capital Launches IPO ETF (IPO)
As market jostle back and forth, investors have been prepping themselves for what appears to be a sideways pattern in major indexes. Though stocks have been relatively busy as of late, the ETF world was relatively quiet last week, with no new launches. The past few days, however, have seen things pick up as an index rebalance has shifted a popular existing ETF while a new UBS ETN hit the Street yesterday [for more ETF news and analysis subscribe to our free newsletter]. ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN The newest addition to the UBS lineup, SPLX will employ a 200% leverage on popular S&P 500 Total Return (TR) index. A total return index is one that sees dividends and interest reinvested back into the index. To give you an idea of how big of a difference that makes, the Dow Jones Total Return index has outperformed [...]

Click here to read the original article on ETFdb.com.

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