Toxic ETFs

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.