DRLL joins a small but growing wave of so-called anti-woke ETFs after issuers such as BlackRock Inc. put their heft behind environmental, social and governance-focused funds in recent years.
If legislative action follows a blueprint established decades ago by the biotechnology industry, it can help fuel innovation and encourage continued adoption.
Direxion and GraniteShares are each launching four exchange-traded funds that allow investors to make leveraged or inverse bets on the daily performance of individual companies.
Investors who hoarded gold as a hedge against uncertainty in the wake of the Russia’s invasion of Ukraine have seen it whittled away to almost nothing. Something’s got to give.