
Since making their debut in U.S. markets in 2006, leveraged exchange-traded funds (ETFs) have provided active traders and professional investors a means of maximizing their short-term strategies.
That June, ProShares debuted the first 2x long ETFs for exposure to major indices. Then in July, the firm rolled out four inverse ETFs that provided 2x short exposure, in turn providing an alternative to traders looking to short or buy put options.