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ETFs On The Rocks: Guggenheim To Delist 9 Products

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HFA Staff
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ETFs On The Rocks: Guggenheim To Delist 9 Products

Exchange Traded Funds, or ETFs, have gained popularity in recent years. The numbers of index ETFs have multiplied and the market for them has seen almost unparalleled growth. News in recent days suggests that the golden days of the asset class may be coming to an end.

The ETFs that will be delisted by Guggenheim investments includes Guggenheim 2x S&P 500 ETF (NYSEARCA:RSU),  Guggenheim Inverse 2x S&P 500 ETF (NYSEARCA:RSW), Wilshire 5000 Total Market ETF (NYSEARCA:WFVK) and Guggenheim Airline ETF (NYSEARCA:FAA). The ETFs have been thinly traded and have been the subject of much criticism.

The move has...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.