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(1:15) – Understanding How Single Inventory ETFs Work: NVDL, FBL & TSLL
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(10:00) – How Ought to Traders Use These Type of Merchandise In Their Portfolios?
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(18:35) – GraniteShares Gold Belief: BAR
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(22:25) – Breaking Down Bitcoin and Oil: The place Is The Value Heading In The Coming Months?
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(28:10) – GraniteShares Bloomberg Commodity Broad Technique No Ok-1 ETF: COMB
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(32:50) – Episode Roundup: IAUM, GLDM, PDBC
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Podcast@Zacks.com
On this episode of ETF Highlight, I communicate with William Rhind, CEO at GraniteShares, about single inventory ETFs, gold, oil and different commodities.
Single inventory ETFs, which made their debut within the US final yr, can be utilized to make supercharged bets on or towards in style shares. Nevertheless, traders ought to keep in mind that these merchandise usually are not meant for buy-and-hold investing. They need to be used solely as short-term buying and selling automobiles by traders who intently monitor their portfolios each day.
The GraniteShares 1.5X Lengthy NVDA Every day ETF NVDL has gained about 355% up to now this yr, whereas NVIDIA NVDA has seen a 215% acquire amid the unreal intelligence frenzy. It’s the top-performing ETF up to now this yr.
The GraniteShares 1.5x Lengthy Meta Every day ETF FBL, which offers leveraged publicity to Meta Platforms (META), has rallied 250% year-to-date.
The Direxion Every day TSLA Bull 1.5X Shares TSLL, which focuses on Tesla TSLA, turned the primary single-stock ETF to high $1 billion in AUM earlier this yr, though it has seen some outflows in latest weeks.
Different merchandise within the area together with these tied to the most well-liked shares like Apple AAPL and Microsoft (MSFT) haven’t seen a lot curiosity from traders.
We focus on how these merchandise needs to be used.
In October, gold jumped 8%, marking its strongest month-to-month efficiency since March when it benefited from the banking disaster. Extra lately, the valuable steel has risen as a result of heightened issues a few broader battle within the Center East.
The warfare has raised questions on crude provide from the oil-rich Center East. Oil costs spiked after the warfare however fell final week on hopes that the battle could be contained. They’re rebounding immediately after Saudi Arabia and Russia introduced extension of their manufacturing cuts.
We focus on the position of gold and different commodities in a portfolio.
Tune in to the podcast to study extra.
Be certain to be looking out for the following version of ETF Highlight! In case you have any feedback or questions, please e mail podcast@zacks.com.
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Apple Inc. (AAPL) : Free Inventory Evaluation Report
NVIDIA Company (NVDA) : Free Inventory Evaluation Report
Tesla, Inc. (TSLA) : Free Inventory Evaluation Report
Direxion Every day TSLA Bull 1.5X Shares (TSLL): ETF Analysis Studies
GraniteShares 1.5x Lengthy META Every day ETF (FBL): ETF Analysis Studies
GraniteShares 1.5x Lengthy NVDA Every day ETF (NVDL): ETF Analysis Studies
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