With 27 ETFs traded on the U.S. markets, Long/Short ETFs have total assets under management of $2.23B. The average expense ratio is 1.15%. Long/Short ETFs can be found in the following asset classes:
The largest Long/Short ETF is the IQ Merger Arbitrage ETF MNA with $688.78M in assets. In the last trailing year, the best-performing Long/Short ETF was LBAY at 24.12%. The most recent ETF launched in the Long/Short space was the AltShares Event-Driven ETF EVNT on 09/17/21.
Issuers are using bitcoin futures in cross-asset strategies while SEC stonewalls crypto exposure in ETFs.
Issuers are rolling out new products and renovating existing ones in the final month of 2021.
Although most of the week was fairly quiet, several closures were completed in that time.
Plus, Direxion launches a leveraged clean energy ETF.
ASYMmetric ETFs looks to make strategies used by the 1% accessible to everyone else.
The fund looks to provide a solution for the disruption of the traditional 60/40 model.
Little Harbor Advisors adds a fund that looks to outperform the S&P 500.
Corporate actions like IPOs, M&A and spinoffs are picking up pace. These ETFs may benefit.
Joining us is Kelly Ye, director of research at IndexIQ.
