By using the right ETFs, investors can still make plays, as troubles in the eurozone and slowing growth in China threaten to derail the global economy, according to an article on Benzinga that cited Scott Freeze, president of Pa.-based ETF trading firm Street One Financial.
Though often viewed negatively for their complexity, investors can use inverse leveraged ETFs like the ProShares UltraShort FTSE China 25 (NYSEArca: FXP) and the Direxion Daily Large Cap Bear 3X Shares (NYSEArca: BGZ), Freeze said in the article.
The iShares IBoxx $ High Yield Corporate Bond Fund (NYSEArca: HYG) and the AdvisorShares Peritus High Yield ETF (NYSEArca: HYLD) were also mentioned by Freeze, as they have yields of 7.3 and 10.6 percent, respectively, the article said.
As far as nonleveraged ETF options, ALPS Alerian MLP ETF (NYSEArca: AMLP), the Global X MLP ETF (NYSEArca: MLPA) and the iShares Dow Jones Select Dividend Index Fund (NYSEArca: DVY) were also highlighted in the article.
To read more on the funds mentioned, go to Benzinga.com.