ProFunds has filed registration statements with the Securities and Exchange Commission to offer 12 new leveraged exchange-traded funds, the first ETFs to apply this strategy.

The four bullish ETFs would double the market's upside, while four bearish ETFs would deliver the opposite of the market's movement. Another four "ultra" bearish funds would produce twice the inverse of the market's advancements.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.