This Week's ETF Launches: Introducing the First Quadruple-Leveraged Products
December 20, 2017 at 08:00 AM EST
Triple-leveraged ETFs – funds that mainly use futures to ratchet up the exposure to a specific asset – have long been considered one of Wall Street’s riskiest products. This week, those funds take a back seat to the newly launched quadruple-leveraged exchange-traded notes brought to the market by Citigroup.