Does Vanguard Have Any Leveraged Funds?

On January 22, 2019, Vanguard stopped accepting purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes). If you already own these investments, you can continue to hold them or choose to sell them.

Does Vanguard have an inverse fund?

Vanguard To End Purchases Of Leveraged And Inverse Funds On Its Platform. ... Inverse funds, also know as “short” funds, are designed to deliver the opposite of the performance of the index or benchmark they track. Leveraged inverse funds seek to deliver multiples of the opposite of an index's performance.

What are some 3X leveraged ETFs?

These include the Direxion Daily Technology Bull 3X Shares (TECL), the Direxion Daily Technology Bear 3X Shares (TECS), the Direxion Daily Energy Bull 3X Shares (ERX), and the Direxion Daily Energy Bear 3X Shares (ERY). Direxion is not the only provider of leveraged ETFs but is one of the most popular.

Chloe Bennett

Chloe Bennett

Culture, Media & Entertainment Columnist

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.