We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
In this episode of ETF Spotlight, I speak with Matthew Tuttle, CEO at Tuttle Capital Management & Managing Director at AXS Investments, about single stock ETFs.
Earlier this month, AXS Investments launched eight single-stock ETFs that provide leveraged long and short daily exposure to popular stocks including Tesla (TSLA - Free Report) , NVIDIA (NVDA - Free Report) and PayPal (PYPL - Free Report) . The AXS TSLA Bear Daily ETF (TSLQ - Free Report) has already gathered more than $30 million in assets.
Single stocks ETPs have been trading in Europe for several years and while the SEC officials have expressed concerns about these products, the regulator is expected to approve many more such funds in the coming months.
Investors should remember that these products are not meant for buy-and-hold investing.They should be used only as short-term trading vehicles by investors who closely monitor their portfolios.
The Tuttle Capital Short Innovation ETF (SARK - Free Report) , which made its debut in November last year, was one of the best-performing ETFs of the first half this year. It provides inverse exposure to Cathie Wood’s ARK Innovation ETF (ARKK - Free Report) .
The AXS 2X Innovation ETF (TARK - Free Report) , which launched in May, seeks to double the performance of ARKK. Is the worst over for aggressive growth stocks?
Tune in to the podcast to learn more.
Make sure to be on the lookout for the next edition of ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Single-Stock ETFs: What Investors Should Know
In this episode of ETF Spotlight, I speak with Matthew Tuttle, CEO at Tuttle Capital Management & Managing Director at AXS Investments, about single stock ETFs.
Earlier this month, AXS Investments launched eight single-stock ETFs that provide leveraged long and short daily exposure to popular stocks including Tesla (TSLA - Free Report) , NVIDIA (NVDA - Free Report) and PayPal (PYPL - Free Report) . The AXS TSLA Bear Daily ETF (TSLQ - Free Report) has already gathered more than $30 million in assets.
Single stocks ETPs have been trading in Europe for several years and while the SEC officials have expressed concerns about these products, the regulator is expected to approve many more such funds in the coming months.
Investors should remember that these products are not meant for buy-and-hold investing.They should be used only as short-term trading vehicles by investors who closely monitor their portfolios.
The Tuttle Capital Short Innovation ETF (SARK - Free Report) , which made its debut in November last year, was one of the best-performing ETFs of the first half this year. It provides inverse exposure to Cathie Wood’s ARK Innovation ETF (ARKK - Free Report) .
The AXS 2X Innovation ETF (TARK - Free Report) , which launched in May, seeks to double the performance of ARKK. Is the worst over for aggressive growth stocks?
Tune in to the podcast to learn more.
Make sure to be on the lookout for the next edition of ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com.