As single-stock exchange-traded funds cross their one-year mark, interest in the products remains correlated with the popularity of its underlying stock.
Because single-stock products are leveraged, Rhind said that the products lend themselves more to short-term activity and exposures.
Besides reaping the benefits of a fund attached to a stock in vogue, Dave Nadig, financial futurist at VettaFi, said that the products are advantageous for investors with discount brokerage accounts who do not have access to options and margin borrowing.
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