TradingMarkets 7 ETFs You Need to Know for Wednesday
Leveraged short funds were among the best performing exchange-traded funds on a day in which stocks were again in pullback mode. Those leveraged short ETFs that focused on sectors such as financial stocks and shares of oil and natural gas companies were among the highest of the widely-traded ETFs on the day.
To the downside, ETFs with emerging markets exposure were hit hard, with funds indexed to stock markets in China, Brazil and India all off more than 4% on Tuesday.
Here are 7 ETFs You Need to Know for Wednesday.
The ProShares UltraShort Oil & Gas ETF, DUG
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Conversely, the Oil Service HOLDRS, OIH
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Financial stocks were also sold heavily on on Tuesday. The ProShares UltraShort Financials exchange-traded fund, SKF
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Emerging markets ETFs around the world were being sold aggressively on Wednesday. The iShares S&P Latin America 40 Index fund, ILF
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Also lower was the iShares Brazil Index Fund, EWZ
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The ProShares UltraShort Russell 2000 ETF, TWM
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