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Investors Pile Into Risky ETFs During Wild Market Rally

investors-pile-into-risky-etfs-during-wild-market-rally

Investors’ penchant for risk-taking has rejuvenated a volatile and sometimes dangerous group of exchange-traded funds.

Leveraged and inverse ETFs have raked in $16.3 billion through the first 10 months of the year, on pace to top 2008’s record haul of $16.7 billion, according to Morningstar. The funds use leverage to double or triple daily returns and sometimes offer investors a chance to profit off the inverse, or opposite, of an index’s move.

Those…

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