ETF of the Week: NightShares 500 1x/1.5x ETF (NSPL)
VettaFi’s vice chairman Tom Lydon discussed NightShares 500 1x/1.5x ETF (NSPL) on this week’s “ETF of the Week” podcast with Chuck Jaffe.
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VettaFi’s vice chairman Tom Lydon discussed NightShares 500 1x/1.5x ETF (NSPL) on this week’s “ETF of the Week” podcast with Chuck Jaffe.
The night effect has generated significant buzz recently as advisors look for ways to enhance performance and reposition portfolios for the challenging market environment.
While increased volatility is inherent to small caps, advisors can enhance small cap performance by capturing the night effect.
NightShares launched three new ETFs last year, introducing many advisors to the night effect for the first time.
Notably, day and night trading sessions are highly uncorrelated, explaining the night effect's role as an alternatives holding.