The AXS suite of single-stock leveraged bear and bull ETFs is the first of its kind in the U.S.

Asset manager AXS Investments has launched a suite of eight new ETFs that offer investors the opportunity to take leveraged exposure to single, actively traded U.S. equities. Of these, five ETFS are “bear” or inverse, meaning investors would profit from a decline in the price of the stock represented by the particular ETF. These five ETFs are leveraged between 1X to 2X times. (CISION PR Newswire)

ASX single-stock bear (or, short) ETFs

Single-stock ETFs are widely traded in Europe, but AXS is the first asset manager off the block to launch these products in the U.S.

“We are thrilled to be the first firm to bring single-stock leveraged and inverse ETFs to U.S. investors,” said Greg Bassuk, CEO of AXS Investments, in a statement. “With the launch of this highly innovative family of ETFs, AXS has once again opened new access for investors, namely to express their high-conviction views on some of the most actively traded single stocks, regardless of whether their sentiment is bullish or bearish.”

In an interview with Bloomberg, Bassuk said the funds were more suitable for “sophisticated, active traders” who had the “ability to monitor their portfolios every day and who have the kind of the skill and education to invest in them.”

“These are not products for buy-and-hold investors,” he added.

The ETFs are launching at a time when stocks globally are on the back foot due to macro-economic factors such as rising rates, runaway inflation, and supply chain disruptions. However, the funds do offer individual investors the means to go short on some heavily bid-up mega-stocks without having to enter futures or CFD transactions.

“Whether it is powerful inflation fighting tools, ways to express views on innovation, or a host of other novel investments that previously were unavailable to investors, our goal remains to be the leader in providing investors with access to the tools needed to build portfolios and to trade effectively in today’s volatile markets,” continued Bassuk.

AXS also simultaneously launched three bull single-stock ETFs:

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