ETFs & Mutual Funds
Risky-ETF Crew Grabs Wall Street Limelight With Long-Short Bets
- Eight Battleshares ETFs propose to go long and short companies
- This may be next evolution of leveraged pair trading: Sohn
The New York Stock Exchange, Wall Street.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Want to go long Bitcoin-holder MicroStrategy Inc. while shorting megabank JPMorgan Chase & Co.? How about buying streaming giant Netflix Inc. while dumping Comcast Corp.? Or pitting Google-parent Alphabet Inc. against New York Times Co.?
A flurry of potential new ETFs are offering to do all that — and more — as the retail boom for options-powered funds shows no sign of letting up.