Toxic ETFs

May 27, 2011

Leveraged and inverse exchange traded funds (ETFs) are prominently featured in a list of the "15 Most Outrageous ETFs" recently published by Forbe's Magazine.

Click here for more blog postings about leveraged and inverse ETFs.

Thumbnail image for toxic.jpg1. Direxion Daily Semiconductor Bull 3x Shares
Ticker: SOXL
Status: Active

2. ProShares Ultra KBW Regional Banking
Ticker: KRU
Status: Active

3. Market Vectors Mongolia
Ticker: N/A
Status: Slated for launch in 2011.

4. HealthShares Dermatology and Wound Care
Ticker: N/A
Status: Shuttered in 2008.

5. PowerShares Dynamic Brand Name Products Portfolio
Ticker: N/A
Status: Never launched.

6. Direxion Daily Agribusiness Bear 3x Shares
Ticker: COWS
Status: Active

7. HealthShares Drug Discovery Tools
Ticker: N/A
Status: Shuttered in 2008.

8. PowerShares Autonomic Allocation Research Affiliates Portfolio
Ticker: N/A
Status: Never launched.

9. iShares S&P North American Technology-Multimedia Networking Index Fund
Ticker: IGN
Status: Active

10. PowerShares Lux NanoTech
Ticker: PXN
Status: Active

11. Global X Uranium
Ticker: URA
Status: Active

12. IndexIQ IQ ARB Merger Arbitrage
Ticker: MNA
Status: Active

13. Claymore/Morningstar Manufacturing Super Sector Index
Ticker: N/A
Status: Shuttered in 2009.

14. Direxion Daily 2-Year Treasury Bear 3x Shares
Ticker: N/A
Status: Shuttered in 2010

15. FocusShares ISE Homebuilders Index
Ticker: N/A
Status: Shuttered in 2008.