Two of the worst performing ETFs of the year are, BULZ – MicroSectors Solactive FANG & Innovation 3X Leveraged ETN, down -71.84% and the WEBL – Direxion Daily Dow Jones Internet Bull 3X Shares -71.52.
Tough Year for Tech ETFs YTD
ETF Newz Says:
The market has not been kind to Tech so far this year, and leveraged in Tech has been hard to swallow. WEBL and BULZ have actually started getting inflows again, showing that some investors believe that the worst is behind us.