In Tuesday's WSJ FundTrack, John Spence examines the potential benefits and problems with highly leveraged and short-selling ETFs through the prism of the opening trading session of the second quarter. Spence zeroes in on the Ultra Financials ProShares, which soared 13 percent in the rally on April 1. He compared this to the Financial Select Sector SPDR, a regular ETF in the financial sector that only gained 7 percent on the same day. These highly leveraged funds are also doing quite well as far as bringing in money. The UltraShort Financials ProShares, which has a bearish bent, saw $1.3 billion of inflows last quarter.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE