Two ETFs that have attracted growing institutional interest in the past few years are Direxion Daily Natural Gas Related Bull 3X (NYSEArca: GASL) and Direxion Daily Natural Gas Related Bear 3X (NYSEArca: GASX), and both ETFs track the ISE Revere Natural Gas index (the same index that FCG tracks), but from a daily leveraged “bull” and “bear” standpoint.
Designed as trading and hedging vehicles, we expect that with price movement and specifically selling pressure accelerating in the Natural Gas equity space in recent sessions, that these products will also see a pick-up in volumes in sympathy as speculators and hedgers become more active in the sector.
First Trust ISE Revere Natural Gas
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