La vendita allo scoperto per Direxion Daily 20-Year Treasury Bear 3X dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Direxion Daily 20-Year Treasury Bear 3X. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Direxion Daily 20-Year Treasury Bear 3X (ARCA:TMV), Report sulle vendite allo scoperto

Direxion Daily 20-Year Treasury Bear 3X

Direxion

The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the funds net assets (plus borrowing for investment purposes). The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than 20 years. It is non-diversified.

Dreyfus Govt Cash Man Ins

Gs Financial Square Treasury Instruments Fund

Dreyfus Trsy Prime Cash Mgmt - In 0 -

Direxion Daily 20+ Year Treasury Bear 3X Shares

TeamViewer SE

Shares of Direxion Daily 20-Year Treasury Bear 3X (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMV#NYSE">TMV</a>) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved up to $58.45. 
<ul>
<li>Sentiment: NEUTRAL</li>
<li>Option Type: TRADE</li>
<li>Trade Type: CALL</li>
<li>Expiration Date: 2021-09-17</li>
<li>Strike Price: $59.00</li>
<li>Volume: 200</li>
<li>Open Interest: 208</li>
</ul>
<h2>Three Ways Options Activity Is ‘Unusual'</h2>
Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
Another sign of unusual activity is the trading of a contract with an expiration date in the distant future. Usually, additional time until a contract expires allows more opportunity for it to reach its strike price and grow its time value. Time value is important to consider because it represents the difference between the strike price and the value of the underlying asset. 
Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being "out of the money". This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Strategies To Trade Options</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Options

Markets

Understanding Direxion Daily 20-Year Treasury Bear 3X's Unusual Options Activity

With the Federal Reserve lowering interest rates in July and investors flocking to safe-haven assets in August as US/China trade tensions spiked, it was a wild summer for leveraged fixed income exchange-traded funds, both the bullish and bearish varieties.
<h3>What Happened</h3>
Among the leveraged bond ETFs experiencing elevated activity were the Direxion Daily 7-10 Year Treasury Bull 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tyd#NYSE">TYD</a>) and its bearish equivalent, the Direxion Daily 7-10 Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tyo#NYSE">TYO</a>) as well as the Direxion Daily 20+ Year Treasury Bull 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmf#NYSE">TMF</a>) and the Direxion Daily 20+ Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmv#NYSE">TMV</a>).
Some of that action has matriculated into September. For example, traders allocated nearly $14 million to the bullish TMF on Monday, good for the largest one-day inflows among all Direxion&#39;s leveraged ETFs, <a href="http://www.direxion.com/products/direxion-daily-20-year-treasury-bull-3x-etf">according to issuer data</a>.
<h3>Why It&#39;s Important </h3>
&ldquo;As volatility and uncertainty rises, so too does the desire for safety and predictability,&rdquo; <a href="http://www.direxion.com/xchange/the-hottest-leveraged-etfs-of-summer-2019">said Direxion in a recent note</a>. &ldquo;This explains the summer&rsquo;s stampede-like rush to fixed income investments, particularly treasury notes. The buying spree led to a craterous drop in already low yields in fixed income (since the yield on existing notes moves inverse to the value of new ones), which in turn resulted in several inversions of the 2-year and 10-year yield charts.&rdquo;
More recent data points augur well for bond bulls, For the 10 days ending Monday, Sept. 9, inflows to the bullish TYD, which attempts to deliver triple the daily returns of the ICE U.S. Treasury 7-10 Year Bond Index (IDCOT7TR), equaled 25% of that ETF&#39;s assets under management, good for the third-best percentage among Direxion leveraged funds.
Additionally, volume supports the move into TYD as turnover in that fund for the five days ending Sept. 9 was nearly 55% above the trailing 20-day average.
<h3>What&#39;s Next </h3>
With traders pricing in an all but guaranteed rate cut coming before the end of the year, perhaps even later this month, fall could be busy for the aforementioned Direxion bond ETFs.
&ldquo;Heading into autumn, traders can likely expect more attention paid to the fixed-income market and other rate-sensitive instruments as all eyes turn to the Federal Reserve for three more planned meetings of the FOMC,&rdquo; said the issuer. &ldquo;Because the Fed&rsquo;s current monetary policy plan seems to be &#39;there is no plan,&#39; traders will certainly be eager for whatever hints the Fed members might be willing to drop prior to the September, October and December meetings.&rdquo;
Related Links
<a href="https://www.benzinga.com/trading-ideas/long-ideas/19/09/14401711/it-might-finally-be-time-for-this-etf">This ETF Is About To Be Vindicated</a>
<a href="https://www.benzinga.com/trading-ideas/long-ideas/19/09/14401641/yield-and-steady-payout-growth-in-this-dividend-etf">A Dependable Dividend ETF</a>

Long Ideas

News

Bonds

Short Ideas

Specialty ETFs

Trading Ideas

ETFs

Direxion Daily 20+ Year Treasury Bull 3X Shares

Direxion Daily 7-10 Year Treasury Bull 3X Shares

Direxion Daily 7-10 Year Treasury Bear 3X Shares

It Was A Hot Summer For Leveraged Bond ETFs

You won&rsquo;t find many people willing to argue that the fixed income market has been especially exciting over the past decade, even with the 10-year bond yield&rsquo;s recent <a href="http://money.cnn.com/2018/04/24/investing/10-year-yield-3-percent/index.html">rise above 3 percent</a> for the first time since 2014.
You might even ask &ldquo;Who cares about the bond market with cryptocurrencies, oil on a tear, and the equities market still smoldering?
Well, now might be exactly the time to pay attention to that yield, and funds that have exposure (or inverse) to bonds, like Direxion&rsquo;s Daily 7-10 Year Treasury Bull (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tyd#NYSE">TYD</a>) and Bear (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tyo#NYSE">TYO</a>) 3X Shares ETFs or the Daily 20+ Year Treasury Bull (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmf#NYSE">TMF</a>) and Bear (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmv#NYSE">TMV</a>) 3X Shares ETFs. However, the catalyst for this attention has nothing to do with that 3 percent milestone. Instead, traders eyeing fixed income should pay attention to some broader economic indicators that stand to shift the balance of the bond market.
For instance, the most recent meeting of the Federal Open Market Committee revealed that previous fears among investors of four or <a href="https://www.bloomberg.com/view/articles/2018-02-21/five-fed-rate-hikes-in-2018-isn-t-a-crazy-idea">even five interest rate hikes </a>this year might have been extremely overblown. The minutes from that meeting showed the committee&rsquo;s willingness to let the economy generate some heat, hoping to exceed the target 2 percent inflation that has been an extremely firm ceiling for the better part of the past decade.
The commentary in those minutes, in turn, caused demand for medium- and long-term government bonds to jump and yields to fall, as much as 3 percent in the case of the 30-year. However, this willingness to let the economy overheat assumes that the U.S. economy is in line for the type of growth it hasn&rsquo;t seen since the 2000&rsquo;s. That outcome is possible, but not guaranteed.
By the most common measure &mdash; GDP growth &mdash; the economy is grinding along at a steady clip, something like a comfortable holding pattern between 2-3 percent that we&rsquo;ve seen consistently since 2015. By other measures, corporate revenues are, on average, <a href="https://www.thestreet.com/investing/earnings/with-earnings-season-past-halfway-point-record-number-of-beats-in-crosshairs-14575596">as good as they&rsquo;ve ever been</a>. The 2018 Q1 earnings season saw 79 percent of companies report positive earnings surprises and 74 percent with positive sales surprises. Couple those figures with the potential effects of the tax overhaul and the injection of capital that represents, and it&rsquo;s hard not to see some potential in bond market yields growing beyond that 3 percent level, as investors continue to fuel the bull market.
That&rsquo;s one narrative. Another narrative is far less optimistic for fixed income and the economy at large. Consider other measures of growth and economic stability like real wage growth and individual debt. It&rsquo;s no secret to those who follow the market that wage growth has<a href="https://www.epi.org/blog/growth-or-not-in-real-wages/"> been worse than anemic</a> for the better part of 20 years. That trend has shown little sign of changing for most earners, with those in the middle and lower income percentiles earning real wages <a href="https://fas.org/sgp/crs/misc/R45090.pdf">about what they were in 1979</a>.
What is changing fairly rapidly is the levels of consumer debt obligations. One of the more dramatic perspectives on this is the precipitous rise in <a href="http://www.businessinsider.com/credit-card-delinquencies-just-passed-peak-financial-crisis-levels-2018-5">credit card delinquencies</a>. However, increases in <a href="https://www.foxbusiness.com/markets/auto-loan-rates-exceed-5-for-third-straight-month">auto loan rates</a> and <a href="https://www.usatoday.com/story/money/2018/05/24/mortgage-interest-rates-2018-7-year-high-home-sales/641263002/">mortgage rates</a> to their highest levels in years also stand to put increased debt pressure on what most Americans can (or can&rsquo;t) afford to purchase.
These factors have the potential to put a damper on the excessive growth projection and any correlated rally in fixed income vehicles. What will be key in determining the demand and, inversely, the yield on government bonds is whether the average American can afford to make those payments on that new home mortgage or auto loan. If not, don&rsquo;t expect those corporate balance sheets to stem the tide of fearful fund managers buying up as many treasury notes as the government can print.
For now, traders should look to the Bureau of Labor Statistics&rsquo; monthly report for indications of where the fruits of the economic growth are going. The fate of fixed income will depend on whether a rising tide truly does buoy all ships, or just the yachts.

Federal Reserve

The Wages Of Fear: Why Fixed Income Bears Closer Scrutiny

The December Federal Reserve meeting is right around the corner and if Fed funds futures prove to be an accurate gauge, it is likely the central bank will hike interest rates for the third time this year. Fed meetings usually create short-term trading opportunities in an array of asset classes, including leveraged exchange traded funds (ETFs).
Specifically, the Direxion Daily 7-10 Year Treasury Bull 3X Shares (NYSE: <a class="ticker" href="/stock/tyd#NYSE">TYD</a>) and the Direxion Daily 7-10 Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tyo#NYSE">TYO</a>) could be of interest for aggressive leading up to and around the December Fed meeting. The same goes for the Direxion Daily 20+ Year Treasury Bull 3X Shares (NYSE: <a class="ticker" href="/stock/tmf#NYSE">TMF</a>) and the Direxion Daily 20+ Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).
TYD seeks to deliver triple the daily returns of the ICE U.S. Treasury 7-10 Year Bond Index while the bearish TYO looks to deliver triple the daily inverse returns of that benchmark. For that index, &ldquo;eligible securities must be fixed rate, denominated in U.S. dollars, and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. Securities excluded from the Index are zero-coupon STRIPS, inflation linked securities, floating rate notes, cash management and Treasury bills, and any government agency debt issued with or without a government guarantee,&rdquo; <a href="http:// http://www.direxioninvestments.com/products/direxion-daily-7-10-year-treasury-bull-3x-etf">according to Direxion.</a>
<h3>
	Going Longer </h3>
Duration measures a bond&#39;s sensitivity to changes in interest rates, meaning longer duration fare are usually viewed as more vulnerable to higher interest rates.
Should the Fed lay out a course for additional rate hikes in 2018, the Direxion Daily 20+ Year Treasury Bull 3X Shares could be vulnerable while TMV, the bearish equivalent, could surge.
TMF tries to deliver triple the daily returns of the ICE U.S. Treasury 20+ Year Bond Index while TMV looks to deliver triple the daily inverse returns of that index.
<h3>
	Interesting Activity</h3>
Data suggest that, in recent sessions, activity has been perking up some of Direxion&#39;s leveraged bond ETFs. For example, TYD&#39;s volume for the five-day period ended Nov. 16 was more than 66 percent above the trailing 20-day average, <a href="http://www.direxioninvestments.com/products/direxion-daily-7-10-year-treasury-bull-3x-etf">according to issuer data</a>.&nbsp;
In a sign that some traders are expecting Treasury yields to rise, TMV has averaged daily inflows of nearly $547,000 over the past month.
Related Links:
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/17/11/10808952/broad-bond-exposure-on-the-cheap">A Cheap Bond ETF.&nbsp;</a>
<a href="http:// https://www.benzinga.com/trading-ideas/long-ideas/17/11/10801462/clix-over-bricks-going-shopping-with-a-couple-of-new-retail-">Nifty New Retail ETFs.</a>

Treasuries

Events

Interest Rises In Leveraged Bond ETFs Ahead of Fed Meeting

Amid increased market volatility and concerns about the goings on within the Trump Administration, expectations are shifting regarding the Federal Reserve&#39;s ability to move forward with a June interest rate hike or more rate increases at all this year.
&nbsp;
As it is, the Fed sounded a surprisingly dovish tone when it raised rates in March, which weighed on assets positively correlated to higher interest rates, including financial services stocks <a href="https://www.benzinga.com/trading-ideas/long-ideas/17/04/9261158/traders-turn-bearish-on-financial-etfs">and the relevant exchange traded funds</a>.
&nbsp;
Of course, no interest rate increases should be good for Treasury prices, meaning lower yields could be forthcoming. That could translate to good news for scores of fixed income ETFs, including some leveraged plays such as the Direxion Daily 7-10 Year Treasury Bull 3X Shares (NYSE: <a class="ticker" href="/stock/tyd#NYSE">TYD</a>) and the Direxion Daily 20+ Year Treasury Bull 3X Shares (NYSE: <a class="ticker" href="/stock/tmf#NYSE">TMF</a>).
&nbsp;
TMF attempts to deliver triple the daily returns of the ICE U.S. Treasury 20+ Year Bond Index. That index &ldquo;is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than 20 years. Eligible securities must be fixed rate, denominated in U.S. dollars, and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. Securities excluded from the Index are zero-coupon STRIPS, inflation linked securities, floating rate notes, cash management and Treasury bills, and any government agency debt issued with or without a government guarantee,&rdquo; <a href="http://www.direxioninvestments.com/products/direxion-daily-20-year-treasury-bull-3x-etf">according to Direxion</a>.&nbsp;
&nbsp;
TYD seeks to deliver triple the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index, which is also a cap-weighted benchmark, <a href="http://www.direxioninvestments.com/products/direxion-daily-7-10-year-treasury-bull-3x-etf">according to Direxion</a>.&nbsp;
&nbsp;
&ldquo;Because interest rates are implemented as a measure to mitigate inflation in times of economic growth, the value of low-rate bonds are further lessened as investors weigh their portfolios with more reactive securities,&rdquo; <a href="http://www.direxioninvestments.com/xchange/trading-debt-in-a-rising-interest-rate-environment">said Direxion in a recent research piece</a>. &ldquo;These forces have played out in a variety of ways since late 2016, particularly in the wake of the post-election market rally which saw ICE U.S. Treasury 7-10 and 20+ Year Bond Indexes fall sharply, the former by 6.2 percent and the latter by 9.8 percent, by December 16.&rdquo;&nbsp;
&nbsp;
Recent flows data suggest traders have been bearish on government bonds, perhaps expecting a June rate hike. For example, TMF&#39;s bearish counterpart, the Direxion Daily 20+ Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>), has averaged daily inflows of $537,500 over the past month, according to issuer data.

Intraday Update

Leveraged Bond ETFs For A Shifting Fed Outlook

Yields on 10-year Treasurys are tumbling this year, but over the five trading sessions concluding Monday, that same yield is higher by nearly 7.7 percent. Five days does not undo more than six months of good work by fixed income exchange-traded funds, one of this year&#39;s hottest asset classes, but this could be an opportunity for nimble traders to play a quick rebound in U.S. government debt or a longer retreat with leveraged ETFs.
<h3>
	Traders Express Interest</h3>

	Data indicate some traders have already been keeping tabs on the <a href="http://www.direxioninvestments.com/products/direxion-daily-7-10-year-treasury-bull-3x-etf#">Direxion Daily 7-10 Year Treasury Bull 3X Shares&nbsp;</a>(NYSE: <a class="ticker" href="/stock/tyd#NYSE">TYD</a>) and the <a href="http://www.direxioninvestments.com/products/direxion-daily-7-10-year-treasury-bull-3x-etf#">Direxion Daily 7-10 Year Treasury Bear 3X Shares&nbsp;</a>(NYSE: <a class="ticker" href="/stock/tyo#NYSE">TYO</a>). As their names imply, TYD and TYO are triple-leveraged plays on mid-duration Treasurys. TYD attempts to deliver triple the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index while TYO seeks to deliver triple the daily inverse returns of that benchmark.

	<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/trading-ideas/long-ideas/16/07/8225472/call-on-consistency-with-this-dividend-etf">Call On Consistency With This Dividend ETF</a></bzrelatedlink>

	Volume data indicate some traders are comfortable betting on more upside for 7-10 Treasurys while others are comfortable making bearish wagers. For the five-day period ended July 15, TYO&#39;s average volume was more than 105 percent above the trailing 20-day average, according to Direxion data. Likewise, TYD&#39;s volume over those five days was almost 86 percent higher than its trailing 20-day average. Only one of Direxion&#39;s leveraged ETFs saw a greater volume spike than TYO over those five days and only two, including TYO, saw great increases in turnover than TYD.
<h3>
	An ETF Idea</h3>

	If the charts prove accurate, the<a href="http://www.direxioninvestments.com/products/direxion-daily-20-year-treasury-bull-3x-etf#"> Direxion Daily 20 Year Plus Treasury Bear</a> (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>) could also be a fine near-term idea. Longer-date Treasurys have been soaring this year as the Federal Reserve continually passes on boosting interest rates, but these bonds&nbsp;appear vulnerable to near-term retrenchment.

	&ldquo;TLT is attempting to breakout, as it is kissing the underside of channel resistance, for the 4th time in the last decade. As it is kissing resistance, weekly momentum is now reaching lofty levels,&rdquo; noted Chris Kimble of <a href="http:// http://blog.kimblechartingsolutions.com/2016/07/govt-bonds-tlt-peaking-as-it-kisses-the-underside-of-resistance/">Kimble Charting Solutions</a>. &ldquo;No doubt about it, from a Power of the Pattern perspective, TLT finds itself at a very interesting price point at this time.&rdquo;

	If TLT can keep soaring, TMV would logically falter, but the <a href="http://www.direxioninvestments.com/products/direxion-daily-20-year-treasury-bull-3x-etf#">Direxion Daily 20+ Year Treasury Bull 3X Shares</a> (NYSE: <a class="ticker" href="/stock/tmf#NYSE">TMF</a>) would soar. Direxion data indicate recent volume increases, though modest, for TMV while volume has been <a href="http://www.direxioninvestments.com/products/direxion-daily-20-year-treasury-bull-3x-etf">declining slightly in TMF</a>.

	Did you like this article? Could it have been improved? Please email <a href="mailto:feedback@benzinga.com">feedback@benzinga.com</a> with the story link to let us know!

Loving Leveraged Bond ETFs

With just 5 1/2 trading days left in November, it is clear that participants in the exchange traded funds market are betting that the Federal Reserve will raise interest rates next month. A recent survey of fund managers confirms as much as the participants expecting higher interest rates next month is around 80 percent, up from&nbsp;<a href="http://www.benzinga.com/trading-ideas/long-ideas/15/11/5983671/its-all-about-the-benjamins-baby-dollar-etfs-in-rarefied-air">47 percent in October</a>.&nbsp;

	Subsequently and not surprisingly, ETF investors are scurrying out of fixed income funds, previously one of the hottest corners of the ETF market. Nine of this month&#39;s 10 worst ETF offenders in terms of lost assets, as tallied by ETF.com, are funds that sensitive to higher interest and five of those nine are bond funds. Conversely, there is just one fixed income ETF among November&#39;s top asset gatherers.

	&quot;Investors in U.S. exchange-traded funds have sold the most bonds in November in five months&nbsp;as they prepare for the Federal Reserve to raise interest rates,&quot; according to <a href="http://www.bloomberg.com/news/articles/2015-11-20/bond-etf-withdrawals-surge-as-investors-brace-for-higher-rates">Bloomberg</a>.

	Related Link: <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/11/5987035/waiting-for-godot-emerging-markets-etfs-try-to-get-it-togethe">Waiting For Godot: Emerging Markets ETFs Try To Get It Together</a>

	A month ago, four of the top five asset-gathering ETFs and five of the top 10 overall to start the fourth quarter were bond funds.

	The iShares 1-3 Year Treasury Bond ETF (NYSE: <a class="ticker" href="/stock/shy#NYSE">SHY</a>) and the SPDR Barclays High Yield Bond ETF (NYSE: <a class="ticker" href="/stock/jnk#NYSE">JNK</a>), the second-largest high-yield corporate bond ETF, have lost about $2.5 billion combined this month. <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5930492/year-to-date-etf-inflows-jump-to-a-record-145-billion">Investors have also yanked</a> $587.4 million from the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE: <a class="ticker" href="/stock/lqd#NYSE">LQD</a>) and $762.4 million from the iShares 7-10 Year Treasury Bond ETF (NYSE: <a class="ticker" href="/stock/ief#NYSE">IEF</a>), according to ETF.com data. That makes the $371.4 million pulled from the iShares 20+ Year Treasury Bond ETF (NYSE: <a class="ticker" href="/stock/tlt#NYSE">TLT</a>) seem piddly.

	Although money is leaving plain vanilla bond funds at a feverish pace, traders have been embracing leveraged equivalents this month. For example, the Direxion Daily 20-Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>) has lost a small amount of money this month while the ProShares UltraShort 20+ Year Treasury (NYSE: <a class="ticker" href="/stock/tbt#NYSE">TBT</a>) has bled nearly $16 million.

	Still, TMV has hauled an impressive $217.5 million year-to-date. The Direxion Daily 7-10 Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tyo#NYSE">TYO</a>) has not gained or lost any money this month, but volume has been increasing in that ETF. For the five days ended November 19, TYO&#39;s volume was 33 percent above the trailing 20-day average, a total exceeded by just six other Direxion ETFs, <a href="http://www.direxioninvestments.com/wp-content/uploads/2014/03/Direxion-Daily-ETF.pdf?">according to issuer data</a>. Over the past month, TYO has averaged positive creation activity on a day-to-day basis.

iShares Trust Barclays 1-3 Year Treasury Bond Fund

ProShares UltraShort Lehman 20+ Year Treasury

November Outflows Reflect ETF Investors' View On Fed

No genre of exchange-traded fund comes with caveats, warning labels and controversy that accompany inverse and leveraged ETFs, but that is not stopping traders from pouring capital into these products.
 In fact, the recent dose of volatility digested by market participants during the third quarter stoked fresh inflows to inverse and leveraged ETFs.
<h3>Inverse And Leveraged ETFs = $70.1 Billion</h3>
At the end of the third quarter, the combined assets under management across the world&#39;s inverse and leveraged ETFs was $70.1 billion, a 14.4 percent year-to-date increase, according to data from <a href="http://www.boostetp.com/">Boost ETP</a>, a unit of WisdomTree, the fifth-largest U.S. ETF sponsor.
The data indicate that traders are not shy about using leverage, as 54 percent of the assets held by inverse and leveraged ETFs are allocated to those funds that are either double- or triple-leveraged.
<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5906762/how-to-use-leveraged-etfs-to-beat-the-fed">How To Use Leveraged ETFs To Beat The Fed</a></bzrelatedlink>
	&ldquo;In terms of S&amp;L asset allocation, equity ETPs are the most popular with 72 percent of AUM, followed by debt with 12 percent and commodities with 9 percent. The remainder is allocated between currency and alternative ETPs,&rdquo; said Boost.
 &ldquo;Currently there is $50.7 billion of AUM held in S&amp;L equity ETPs, an increase of 15 percent YTD. 63 percent of equity ETPs globally are held in leveraged (long) ETPs, 37 percent in short ETPs.&rdquo;
<h3>Beyond Equities: Other Asset Classes</h3>
Although equities are the dominant asset class among leveraged ETFs, select bond funds have been embraced by traders as ways of betting on the Federal Reserve <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5906762/how-to-use-leveraged-etfs-to-beat-the-fed">raising interest rates</a>.
 For example, the Direxion Daily 20 Year Plus Treasury Br (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>) has added nearly $206 million in new assets this year. TMV is designed to deliver triple the daily inverse performance of the NYSE 20 Year Plus Treasury Bond Index (<a href="https://www.google.com/finance?q=INDEXNYSEGIS%3AAXTWEN&amp;ei=HoQqVpGtC8aqjAHY145Q">AXTWEN</a>).
<h3>The Influence Of New Product Launches</h3>
Thanks in part to a spate of new product launches this year, the number of inverse and leveraged ETFs around the world has rapidly proliferated. At the end of the third quarter, there were 1,068 inverse and leveraged ETFs with over $71 billion in combined assets under management, according to Boost data.
 That is up from 509 such funds with less than $42 billion in combined assets at the end of 2010.
Some new inverse and geared ETFs are proving to be quick successes. For example, the Direxion Daily CSI 300 China A Shares Bear 1X Shares (NYSE: <a class="ticker" href="/stock/chad#NYSE">CHAD</a>) debuted right before Chinese stocks swooned, giving traders good reason to make this ETF one of this year&#39;s<a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5891646/bears-backing-away-from-a-shares-could-jolt-this-etf"> most successful rookie funds</a>.
Likewise, traders have been quick to pump cash into the Direxion Daily S&amp;P Biotech Bull 3X Shares (NYSE: <a class="ticker" href="/stock/labu#NYSE">LABU</a>), which debuted in the second quarter, in an effort to catch a rebound in biotech stocks.
At the end of the third quarter, the ProShares Short S&amp;P500 (ETF) (NYSE: <a class="ticker" href="/stock/sh#NYSE">SH</a>) and the ProShares UltraShort S&amp;P500 (ETF) (NYSE: <a class="ticker" href="/stock/sds#NYSE">SDS</a>) were the two largest inverse and leveraged equity ETFs with $2.1 billion and $1.7 billion in assets, respectively, according to Boost data. 
Image Credit: <a href="https://pixabay.com/en/analytics-charts-traffic-marketing-925379/">Public Domain</a>

Sector ETFs

CHAD

LABU

Volatility Sparks Inflows To Inverse, Leveraged ETFs

Ten-year Treasury yields have declined 4.1 percent over the past month as market participants have continued adjusting to the Federal Reserve not raising interest rates following its September meeting.

	Perhaps that explains why inflows to fixed income exchange traded funds have been so strong this month. Heading into Monday, three of October&#39;s top four asset-gathering ETFs <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5905516/forget-the-fed-investors-are-loving-bond-etfs">were bond funds</a> while just one bond fund was found among the month&#39;s 10 worst ETFs for outflows.

	When it comes to how traders are viewing what that decision will be, Fed funds futures recently indicated that fewer than a third of fixed income traders are wagering the Fed will boost borrowing costs. However, there also is not a dearth of market observers that believe it is foregone conclusion the U.S. central bank will pass on raising rates.

	Related Link: <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5905648/play-a-china-rebound-with-this-etf">Playing A China Rebound With This ETF</a>

	For traders with an appetite for risk, there are some compelling ideas from the world of leveraged ETFs that could be worth considering as&nbsp;<a href="http://www.benzinga.com/news/15/09/5841953/how-to-make-a-conservative-bet-on-the-fed-raising-rates">another Fed meeting nears</a>.

	Such wagers could be rewarded if Treasury yields start climbing again. Remember the erosive effects of rising Treasury yields (as bond yields rise, prices fall) on longer-dated bonds. A mere 1 percent increase in interest rates shaves more than 17 percent in value off a 30-year Treasury bond. An interest rate rise of 3 percent hammers Uncle Sam&#39;s 30-year bonds to the tune of 42 percent.

	Such scenarios would be boons for the Direxion Daily 20+ Year Treasury Bear 3X ETF (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>), an ETF designed to deliver triple the daily inverse performance of the NYSE 20 Year Plus Treasury Bond Index (AXTWEN).

	&quot;Generally there are two approaches to consider in preparing for rates to rise. First, you can reallocate fixed-income holdings to other asset classes; investing in shorter-dated securities and shift to less rate-sensitive bonds. Some investors choose to implement a hedge&ndash;a more tactical approach to managing interest rate risk&ndash;instead of or in addition to restructuring,&quot; said Direxion <a href="http://www.direxioninvestments.com/xchange/five-ways-to-trade-rising-rates?utm_campaign=Xchange%20-%20Rates%2010.15&amp;utm_medium=email&amp;utm_source=Eloqua&amp;elqTrackId=BD616C703454E89EA7E3D9B9111A1827&amp;elq=fe6d8f767c0642e49b822ab20ab11c35&amp;elqCampaignId=1187&amp;elqaid=2005&amp;elqat=1">in a new research piece</a>.
<h3>
	Falling Yield</h3>

	There is no such thing as a sure thing in financial markets, but it is a fairly sound assumption that if bond traders start pricing in an imminent rate hike, TMV will perform well. Conversely, if rates are destined to remain low and Treasury yields fall further to reflect that, there are some well-known leveraged equity plays that could thrive, including the Direxion Daily Gold Miners Index Bull 3X Shares (NYSE: <a class="ticker" href="/stock/nugt#NYSE">NUGT</a>).

	All NUGT has done over the past month is <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5887849/bullish-leveraged-gold-miners-etfs-are-on-fire">gain more than 56 percent</a> and traders have responded by plowing $420.1 million into the ETF this month. Gold benefits when rates remain low and inflation expectations rise. If those themes return in earnest, NUGT could surge.

	&quot;Tangible assets like gold tend to do well when rates are low and inflation is high. But when rates rise, investors tend to shift towards interest-bearing assets, with higher yields compared to gold. But on Friday (10/9), gold surged to a roughly six-week high the day after Fed minutes revealed caution about raising interest rates in the near term. Gold miners are inherently a leverage play on the metal. Miner stocks have been compressing for months now. But some investors think the sector may be setting up for a major multiyear move higher,&quot; said Direxion.

Commodities

NUGT

How To Use Leveraged ETFs To Beat The Fed

It is no secret that the Federal Reserve commences its two-day meeting Wednesday with one of the most widely anticipated interest rate announcements in recent memory slated for Thursday.

	When it comes to how traders are viewing what that decision will be, Fed funds futures recently indicated that fewer than a third of fixed income traders are wagering the Fed will boost borrowing costs. However, there also is not a dearth of market observers that believe it is foregone conclusion the U.S. central bank will pass on raising rates.

	&ldquo;But not all are convinced the Fed won&rsquo;t move rates. JPMorgan Chase Chief U.S. Economist, Michael Feroli thinks the odds of the Fed making the move may be slightly higher. In fact, he thinks the Fed should hike rates, but communicate that it&rsquo;s the pace, not&nbsp;the timing of the hike that matters. &nbsp;UBS&rsquo;s Chief Economist, Drew Matus wrote that he estimates there&rsquo;s a 60% chance the Fed hikes this week,&rdquo; said Direxion <a href="http:// http://www.direxioninvestments.com/xchange/rate-hike-lucky-number-13?utm_campaign=Xchange%20-%20Rates%209.14.15&amp;utm_medium=email&amp;utm_source=Eloqua&amp;elqTrackId=2E4FA3B548003AD9478AA9CC4C124328&amp;elq=b08870849d4044f3aee1414b38ca2b30&amp;elqCampaignId=1143&amp;elqaid=1967&amp;elqat=1">in a recent note</a>.

	Related Link: <a href="http://www.benzinga.com/economics/15/09/5843581/fed-watch-its-judgement-day">Fed Watch: It&#39;s Judgment Day</a>

	Traders have myriad options within the world of exchange traded funds for betting on higher interest rates, including familiar fare such as the ProShares UltraShort 20+ Year Treasury (NYSE: <a class="ticker" href="/stock/tbt#NYSE">TBT</a>) and the Direxion Daily 20-Year Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>). As the names of those funds imply, they are bearish bets against longer-dated Treasurys.

	Traders looking to establish a bearish view on the broader bond market can turn to the Direxion Daily Total Bond Market Bear 1X Shares (NYSE: <a class="ticker" href="/stock/sagg#NYSE">SAGG</a>). The aptly-tickered SAGG is not a leveraged ETF. It is designed to deliver the daily inverse performance of the Barclays US Aggregate Bond Index on a percent-for-percent basis. So if the Barclays US Aggregate Bond Index falls by 1 percent on a particular day, SAGG should rise by 1 percent.

	The Barclays US Aggregate Bond Index allocates over 65 percent of its combined to Treasurys and mortgage-backed securities, making SAGG a potentially profitable bet on hawkish Fed action this week and one that merits immediate consideration.

	Some market observers believe September is an ideal time to raise interest rates because, &ldquo;It offers a compromise between hawks and doves, getting one rate hike &#39;out of the way&#39; without committing the Fed to more. It provides optionality for those who anticipate that more than one hike this year would likely be appropriate (10 FOMC members, or the majority of the committee, as of June, though likely there are now a few less). It avoids any risks resulting from policy changes around year-end, when bank funding issues tend to become more complex,&rdquo; said UBS&#39;s Matus, according to Direxion.

	And for those betting a September rate increase marks the start of a lengthy tightening cycle, SAGG has another advantage: It charges just <a href="http://www.direxioninvestments.com/products/direxion-daily-total-bond-market-bear-1x-etf">0.65 percent per year</a>, which is low among inverse and geared ETFs.

SAGG

How To Make A Conservative Bet On The Fed Raising Rates

It sounds like a conversation one might have with his or her irascible grandfather or Donald Trump: The United States owes China a lot of money by way of all the U.S. Treasurys China has gobbled up over the years, and one day, China is going to come calling, wanting to be paid.
That day may have already arrived. Sure, two days of surging equity markets is playing a part, but it is worth noting 10-year Treasury yields have jumped nearly 6 percent over the past five days. Bond yields rise as prices fall, and prices fall, usually, because investors are selling. China is doing that with some of its massive Treasury stakes because it needs dollars to support its recently devalued currency, the yuan.
<h3>China's Actions</h3>
&ldquo;The People&rsquo;s Bank of China has been offloading dollars and buying yuan to support the exchange rate, a policy that&rsquo;s contributed to a $315 billion drop in its foreign-exchange reserves over the last 12 months.
<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/analyst-ratings/analyst-color/15/08/5794683/exclusive-bmo-isnt-sweating-china">Exclusive: BMO Isn't Sweating China</a></bzrelatedlink>
&quot;The $3.65 trillion stockpile will fall by some $40 billion a month in the remainder of 2015 because of the intervention, according to the median estimate in a Bloomberg survey,&rdquo; reported <a href="http://www.bloomberg.com/news/articles/2015-08-27/china-said-to-sell-treasuries-as-dollars-needed-for-yuan-support">Bloomberg News</a>.
Recent data suggest China held $1.48 trillion worth of Treasurys, according to Bloomberg. Said differently, China&#39;s Treasury stake is more than double Apple Inc. (NASDAQ: <a class="ticker" href="/stock/aapl#NASDAQ">AAPL</a>)'s market value. China&#39;s sales of Treasurys may actually have been well-timed because some experts believe China was selling U.S. government debt as global stocks were sinking, meaning other investors were rushing into Treasurys and China&#39;s sales actually did not cause soaring Treasury yields.
<h3>Is It True?</h3>
Data suggest there might be something to that line of thinking. For the week ended August 25, no ETF has added more than the $1 billion taken in by the iShares Barclays Short Treasury Bond Fnd (NYSE: <a class="ticker" href="/stock/shv#NYSE">SHV</a>). SHV has an effective duration of just 0.41 years, so its 30-day SEC yield is a scant 0.16 percent. Duration is a bond&#39;s sensitivity to interest rate changes.
Recent enthusiasm for SHV &ldquo;clearly reflects levels of panic that institutional investors have experienced in recent sessions watching the SPX fall from a 2100 handle down to the 1800s before today&rsquo;s rebound back to the 1977 level, at least temporarily,&rdquo; said <a href="http://streetonefinancial.com/">Street One Financial</a> Vice President Paul Weisbruch in a note out Thursday.
The iShares Barclays 1-3 Year Treasury Bnd Fd (NYSE: <a class="ticker" href="/stock/shy#NYSE">SHY</a>) has also been a popular destination in recent days. SHY added nearly $526 million for the week ended August 25, better inflows than all but three ETFs over that span. Apparently, investors are not too concerned about China dumping longer Treasurys, because the iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE: <a class="ticker" href="/stock/tlt#NYSE">TLT</a>), an ETF with an effective duration of 17.26 years, has added $300.7 million in recent days.
On an incremental basis, some traders are betting on more upside for longer-dated Treasury yields. Whether China is the catalyst or not, the Direxion Daily 20 Year Plus Treasury Br (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>), an ETF that attempts to deliver three times the daily inverse performance of an index comprised of longer-dated Treasurys, has seen August inflows of $14.3 million.

Emerging Markets

Global

AAPL

Blame China If Your Treasury ETF Is Falling

Fixed-income exchange traded funds saw record inflows last year and the way 2015 started for bond ETFs, it looked like it was going to be another stellar year. By mid-February, five of the top 10 asset-gathering ETFs to that point in 2015 were bond funds.

	However, as concerns that the Federal Reserve will raise interest rates intensified, investors turned to funds that benefit from a rising dollar, including currency hedged ETFs. Now, no bond ETFs are currently found among the top 10 for 2015 inflows; to be fair, none of the 10 worst ETFs in terms of 2015 outflows are fixed income funds, either.

	While investors have departed rate-sensitive longer-dated bond funds, such as the iShares 20+ Year Treasury Bond ETF (NYSE: <a class="ticker" href="/stock/tlt#NYSE">TLT</a>), which has shed over $1 billion this year, ETFs that are bearish on longer-dated Treasurys are raking in new assets. That theme may have more room to run.

	Year-to-date, the ProShares UltraShort 20+ Year Treasury (NYSE: <a class="ticker" href="/stock/tbt#NYSE">TBT</a>) and the Direxion Daily 20+ Year Treasury Bear 3X ETF (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>) have added $142.1 million and $237 million in new assets.

	Traders mulling positions in TBT or TMV can get some vision for the validity of those trades right now. In a note out Wednesday,<a href="https://rareviewmacro.com/"> Rareview Macro</a> founder Neil Azous points out there is an implied probability of 59.2 percent that the Fed raises rates by the September 17 meeting. The probability of 25 basis-point increases after that jumps to almost 94 percent for the October 28 meeting and 136.3 percent for the December 16 meeting, according to Rareview Macro data.

	TBT is designed to deliver two times the daily inverse performance of the Barclays U.S. 20+ Year Treasury Bond Index, TLT&#39;s underlying benchmark. TMV attempts to deliver triple the daily inverse performance of the NYSE 20 Year Plus Treasury Bond Index (AXTWEN). That is not TLT&#39;s index, but TMV&#39;s one-day moves, in either direction, often reflect three times TLT&#39;s move for a particular day.

	&ldquo;At the end of the day, we think that the fixed income markets&rsquo; pricing of probabilities of an interest rate hike through the end of the year are near perfectly priced for investors to take advantage of the optionality on their personal view,&rdquo; said Azous.

Why These Leveraged Bond ETFs Can Keep Packing On Assets

Here is the ETF Professor's ETF Watch List for Wednesday, July 17, 2013.

Give the ProShares UltraPro Short QQQ (NASDAQ: <a class="ticker" href="/stock/sqqq#NASDAQ">SQQQ</a>) a look.

Keep an eye on the Vanguard Total Stock Market ETF (NYSE: <a class="ticker" href="/stock/vti#NYSE">VTI</a>).

The iShares Global Energy ETF (NYSE: <a class="ticker" href="/stock/ixc#NYSE">IXC</a>) is worth a trade.

Emerging markets plays of the day: ProShares UltraShort MSCI Emerging Markets (NYSE: <a class="ticker" href="/stock/eev#NYSE">EEV</a>), Market Vectors Brazil Small-Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>) and the Market Vectors Egypt ETF (NYSE: <a class="ticker" href="/stock/egpt#NYSE">EGPT</a>).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE: <a class="ticker" href="/stock/uup#NYSE">UUP</a>)&gt;

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).

Broad U.S. Equity ETFs

New ETFs

Emerging Market ETFs

Currency ETFs

Pre-Market Outlook

ProShares UltraShort MSCI Emerging Markets

EGPT

iShares Trust S&P Global Energy Sector Index Fund

SQQQ

PowerShares DB US Dollar Index Bullish Fund

ETFs to Watch July 17, 2013 (EEV, TMV, VTI)

Friday is the last day of the second quarter so now is the ideal time to have a look at the themes and ETFs that worked well for investors over the past three months.

	According to simple screen that we <a href="http://www.finviz.com/screener.ashx?v=141&amp;f=ind_exchangetradedfund,ta_perf_13w10o&amp;ft=3&amp;o=-perf13w">ran on Finviz</a>, fewer than 50 ETFs and ETNs are showing second-quarter gains of 10 percent or more.

	The Direxion Daily Gold Miners Bear 3X Shares (NYSE: <a class="ticker" href="/stock/dust#NYSE">DUST</a>) is on pace for a second-quarter triple, making it the best-performing ETF for the quarter. DUST's stellar second-quarter performance is nothing new. Even with a more than eight percent loss Thursday, this triple-leveraged bearish play on gold miners is up almost 450 percent in the past six months.

	DUST also serves as a good segue to exploring some of the similarities among the second quarters ETF studs. Of the 20 top ETFs and ETNs after DUST in terms of second-quarter returns, five are bearish plays on precious metals, including the three best after DUST. Those three are the ProShares UltraShort Silver (NYSE: <a class="ticker" href="/stock/zsl#NYSE">ZSL</a>), the ProShares UltraShort Gold (NYSE: <a class="ticker" href="/stock/gll#NYSE">GLL</a>) and the PowerShares DB Gold Double Short ETN (NYSE: <a class="ticker" href="/stock/dzz#NYSE">DZZ</a>).

	Prior to Thursday, the average quarterly gain for those three products was nearly 79 percent. Of course, it must be repeated that there are significant risks involved with leveraged ETFs, <a href="http://www.benzinga.com/trading-ideas/long-ideas/13/03/3429669/these-leveraged-etfs-could-be-worth-the-risk">particularly over long holding periods</a>. They taketh as quickly as they giveth.

	Finding non-leveraged star performers among the "Non-DUST 20" is not hard, but the group is small in number. However, investors may already be familiar with some of these ETFs as <a href="http://www.benzinga.com/trading-ideas/long-ideas/13/06/3686609/interesting-similarities-among-2013s-top-performing-etfs">they are among 2013's best non-leveraged performers</a>.

	The four best non-leveraged ETFs in the current quarter are, in order starting with best returns, the Guggenheim Solar ETF (NYSE: <a class="ticker" href="/stock/tan#NYSE">TAN</a>), the Market Vectors Solar Energy ETF (NYSE: <a class="ticker" href="/stock/kwt#NYSE">KWT</a>), the First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ: <a class="ticker" href="/stock/qcln#NASDAQ">QCLN</a>) and the PowerShares WilderHill Clean Energy (NYSE: <a class="ticker" href="/stock/pbw#NYSE">PBW</a>).

	The common theme beyond alternative energy is that as of June 18, three of those four ETFs held at least one Elon Musk stock, Solar City (NASDAQ: <a class="ticker" href="/stock/scty#NASDAQ">SCTY</a>) or Tesla (NASDAQ: <a class="ticker" href="/stock/tsla#NASDAQ">TSLA</a>). KWT was the exception.

	Four of the remaining top performers are linked by the same theme as well. That being <a>rising yields on U.S. Treasurys</a>. Specifically, these are ETFs that are designed to go up when Treasury yields do the same. That quartet includes the ProShares UltraPro Short 20+ Year Treasury (NYSE: <a class="ticker" href="/stock/ttt#NYSE">TTT</a>) and the Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>), which are up an average of 22 percent this quarter.

	No surprises among some of the other non-DUST 20. Six are <a href="http://www.benzinga.com/trading-ideas/long-ideas/13/06/3694555/four-more-facts-about-em-etfs-you-need-to-know-now">bearish plays on emerging markets</a>, including three of the top seven. Inverse plays on three of the four BRIC nations are included in that group of six. India is the exception because there is no longer an inverse ETF for that country. The best bearish emerging markets ETF in the second quarter has been the double-leveraged ProShares UltraShort MSCI Brazil (NYSE: <a class="ticker" href="/stock/bzq#NYSE">BZQ</a>). Forget its quarterly performance, though. Even with a 3.5 percent drop on Thursday, BZQ is still up 41.5 percent in just the past month.

	For more on ETFs, click <a href="http://www.benzinga.com/etfs">here</a>.

After-Hours Center

DUST

PowerShares Exchange Traded Fund Trust WilderHill Clean Energy Portfolio

First Trust NASDAQ Clean Edge Green Energy Index Fund

QCLN

SCTY

TSLA

Common Themes Among Q2's Best ETFs

Here is the ETF Professor's ETF Watch List for Wednesday, March 6, 2013.

The PowerShares S&amp;P 500 Low Volatility ETF (NYSE: <a class="ticker" href="/stock/splv#NYSE">SPLV</a>) continues to impress.

The Direxion Daily Small Cap Bull 3X Shares (NYSE: <a class="ticker" href="/stock/tna#NYSE">TNA</a>) should be in play.

Grab some health care excitement with the ProShares Ultra Health Care (NYSE: <a class="ticker" href="/stock/rxl#NYSE">RXL</a>).

Emerging markets plays of the day: Market Vectors Brazil Small-Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>), Guggenheim BRIC ETF (NYSE: <a class="ticker" href="/stock/eeb#NYSE">EEB</a>) and the WisdomTree Emerging Markets Equity Income Fund (NYSE: <a class="ticker" href="/stock/dem#NYSE">DEM</a>).

Forex play of the day: ProShares UltraShort Yen (NYSE: <a class="ticker" href="/stock/ycs#NYSE">YCS</a>).

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).

PowerShares S&P 500 Low Volatility Portfolio

SPLV

ETFs to Watch March 6, 2013 (EEB, SPLV, TMV)

Here is the ETF Professor's ETF Watch List for Monday October 8, 2012.

Is it it time for the ProShares UltraShort Silver (NYSE: <a class="ticker" href="/stock/zsl#NYSE">ZSL</a>) to soar?

The ProShares Short MSCI EAFE (NYSE: <a class="ticker" href="/stock/efz#NYSE">EFZ</a>) is worth a look.

So is the First Trust Consumer Staples AlphaDEX Fund (NYSE: <a class="ticker" href="/stock/fxg#NYSE">FXG</a>).

Emerging markets plays of the day: iShares MSCI Philippines Investable Market Index Fund (NYSE: <a class="ticker" href="/stock/ephe#NYSE">EPHE</a>), iShares MSCI Turkey Investable Market Index Fund (NYSE: <a class="ticker" href="/stock/tur#NYSE">TUR</a>) and the iShares MSCI South Africa Index Fund (NYSE: <a class="ticker" href="/stock/eza#NYSE">EZA</a>).

Forex play of the day: CurrencyShares Canadian Dollar Trust (NYSE: <a class="ticker" href="/stock/fxc#NYSE">FXC</a>).

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).

ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX FUND

EPHE

iShares MSCI Turkey Investable Market Index Fund

ETFs to Watch October 8, 2012 (EZA, FXC, TMV)

Here is the ETF Professor's ETF Watch List for Monday April 23, 2012.

The iShares MSCI France Index Fund (NYSE: <a class="ticker" href="/stock/ewq#NYSE">EWQ</a>) will certainly be in play. 

The ProShares UltraPro Short QQQ (Nasdaq: <a class="ticker" href="/stock/sqqq#Nasdaq">SQQQ</a>) will be worth a look.

Earnings play: Energy Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xle#NYSE">XLE</a>).

Emerging markets plays of the day: iShares MSCI Brazil Index Fund (NYSE: <a class="ticker" href="/stock/ewz#NYSE">EWZ</a>), Market Vectors Russia ETF (NYSE: <a class="ticker" href="/stock/rsx#NYSE">RSX</a>) and the Direxion Daily Emerging Markets Bear 3X Shares (NYSE: <a class="ticker" href="/stock/edz#NYSE">EDZ</a>).

Forex play of the day: ProShares UltraShort Euro (NYSE: <a class="ticker" href="/stock/euo#NYSE">EUO</a>).

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).

Earnings

Direxion Daily Emerging Markets Bear 3x Shares

Market Vectors Russia ETF Trust Shares of Beneficial Interest

ETFs to Watch April 23, 2012 (EWQ, XLE, EDZ)

Here is the ETF Professor's ETF Watch List for Thursday March 8, 2012.

The Market Vectors Rare Earth/Strategic Metals ETF (NYSE: <a class="ticker" href="/stock/remx#NYSE">REMX</a>) could be in technical danger.

Grab some dividends with the SPDR S&amp;P Dividend ETF (NYSE: <a class="ticker" href="/stock/sdy#NYSE">SDY</a>).

Tech play: First Trust ISE Cloud Computing Index Fund (Nasdaq: <a class="ticker" href="/stock/skyy#Nasdaq">SKYY</a>).

Emerging markets plays of the day: iShares MSCI South Korea Index Fund (NYSE: <a class="ticker" href="/stock/ewy#NYSE">EWY</a>), Market Vectors Brazil Small Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>) and the ProShares UltraShort MSCI Emerging Markets (NYSE: <a class="ticker" href="/stock/eev#NYSE">EEV</a>).

Forex play of the day: CurrencyShares Australian Dollar Trust (NYSE: <a class="ticker" href="/stock/fxa#NYSE">FXA</a>).

Bond play of the day: Direxion Daily 20+ Yr Trsy Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).

Market Vectors Rare Earth/Strategic Metals Etf

REMX

SKYY

ETFs to Watch March 8, 2012 (

Here is the ETF Professor's ETF Watch List for Friday January 13, 2012.

The Guggenheim Solar ETF (NYSE: <a class="ticker" href="/stock/tan#NYSE">TAN</a>) continues to climb.

The Teucrium Corn ETF (NYSE: <a class="ticker" href="/stock/corn#NYSE">CORN</a>) was hammered on Thursday.

The First Trust ISE-Revere Natural Gas ETF (NYSE: <a class="ticker" href="/stock/fcg#NYSE">FCG</a>) is in the midst of a bad week.

Earnings play: Financial Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xlf#NYSE">XLF</a>).

Emerging markets plays of the day: Direxion Daily Emerging Markets Bear 3X Shares (NYSE: <a class="ticker" href="/stock/edz#NYSE">EDZ</a>), iShares Turkey Investable Market index Fund (NYSE: <a class="ticker" href="/stock/tur#NYSE">TUR</a>) and the iShares Thailand Investable Market Index Fund (NYSE: <a class="ticker" href="/stock/thd#NYSE">THD</a>).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE: <a class="ticker" href="/stock/uup#NYSE">UUP</a>).

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).

CORN

First Trust ISE-Revere Natural Gas Index Fund

iShares MSCI Thailand Investable Market Index Fund

ETFs to Watch January 13, 2012

Here is the ETF Professor's ETF Watch List for Thursday January 5, 2012.

The U.S. Natural Gas Fund (NYSE: <a class="ticker" href="/stock/ung#NYSE">UNG</a>) had a lively day on Wednesday.

The Vanguard REIT Index ETF (NYSE: <a class="ticker" href="/stock/vnq#NYSE">VNQ</a>) took a decent haircut on Wednesday.

The iShares Nasdaq Biotechnology ETF (Nasdaq: <a class="ticker" href="/stock/ibb#Nasdaq">IBB</a>) looks quite strong here.

Emerging markets plays of the day: Direxion Daily China Bear 3X Shares (NYSE: YANG), Market Vectors Brazil Small Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>) and the EGShares Energy GEMS ETF (NYSE: <a class="ticker" href="/stock/ogem#NYSE">OGEM</a>).

Forex play of the day: PowerShares DB Dollar Bearish (NYSE: <a class="ticker" href="/stock/udn#NYSE">UDN</a>).

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE: <a class="ticker" href="/stock/tmv#NYSE">TMV</a>).

OGEM

PowerShares DB US Dollar Index Bearish Fund

ETFs to Watch January 5, 2012

Direxion Daily 20+ Year Treasury Bear -3X Shares

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