MicroSectors Gold 3X Leveraged ETNs (SHNY)
SHNY Price Chart
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SHNY ETF Profile
Key details and information about MicroSectors Gold 3X Leveraged ETNs (SHNY).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
22 Feb 2023
Country
US
Description
These exchange-traded notes (ETNs) are constructed to provide daily returns that are three times the performance of an underlying ETF. Consequently, they carry substantially higher risk compared to investments with longer-term objectives and are generally inappropriate for those with a 'buy and hold' strategy or investors intending to hold them for more than a single day.
SHNY ETF Performance
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