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PRESS ROOM

Boost’s short Silver and leverage NASDAQ 100 and Natural Gas are the Top 3 Performing ETPs on the LSE in August

Wednesday 10th September '14

  • Boost Silver 3x Short Daily ETP (3SIS) rose 16.8% (GBP) in August on the back of silver futures falling 3.1% (GBP) in the same period, making it the best performing ETP on the LSE.
  • Boost NASDAQ 100 3x Leverage Daily ETP (QQQ3) was LSE’s second best performing ETP in August. QQQ3 rose 15.5% (GBP) on the back of the NASDAQ 100 rising 6.9% (GBP) in the same period. 
  • LSE’s third best performing ETP was Boost Natural Gas 3x Leverage Daily ETP (3NGL). 3NGL rose 15.4% (GBP) in August as natural gas futures rose 7% (GBP) in the same period.
  • At the end of August, the AUM of S&L ETPs stood at $59.7 billion. At the same time, BOOST reached a record $130 million AUM, with $168 million turnover for August being the highest in 4 months.
London, 10 August 2014: BOOST ETP, A WisdomTree Company and Europe’s award winning, specialist Short and Leverage (S&L) Exchange Traded Product (ETP) provider is proud to announce that the Boost Silver 3x Short Daily ETP (3SIS) was the top performing ETP on the London Stock Exchange in August. QQQ3 was the second best and 3NGL the third best performing ETP.  

The following table outlines the performance figures for the said ETPs:

Rank LSE

ETPName

LSECode

Return(in GBP)

1 Boost Silver 3x Short Daily ETP 3SIS 16.8%
2 Boost NASDAQ 100 3x Leverage Daily ETP QQQ3 15.5%
3 Boost Natural Gas 3x Leverage Daily ETP 3NGL 15.4%

Source: Boost, Bloomberg. Returns represent changes in NAV / official prices where available or exchange closing prices otherwise, between 31/07/2014 and 29/08/2014. Ranking of returns was done based on GBP returns.

The performance statistics demonstrate the value S&L ETPs can bring to investors. 3x S&L ETPs were first introduced by BOOST ETP to the LSE in December 2012. Investors have clearly been responding to the availability of such products and this is evidenced by the increasing AUM and trading volumes in BOOST’s products. S&L ETPs are attractive to investors as they provide up to 3x or -3x the exposure through one simple trade. These levels of exposure allow investors to gain from rising as well as falling markets, thus negating the need for complex documentation or use of derivatives.

Viktor Nossek, Head of Research at BOOST ETP commented:

“Last month saw precious metals continue their weakness from July amidst upbeat sentiment in risk assets that appeared unshaken in an otherwise vulnerable macro backdrop. Underpinned by the strengthening US economy, silver followed gold’s decline and fell 4.8% (in USD) in August, even as the NASDAQ 100 rallied by 5.1% (USD) and breached 4000 index points in the same period, a level last seen almost 14 years ago. Meanwhile, after falling sharply by 14% (in USD) in July, US natural gas prices troughed in the middle of August and, helped by the release of upbeat macro indicators in July for the US economy, ended the month up 5.2% (in USD). Hence, when the wars and geopolitical uncertainty in Ukraine and the Middle East should have otherwise undermined sentiment on risk assets and fostered renewed momentum in safe havens, the leveraged exposure to US natural gas and US technology stocks helped investors achieve double digit returns.” 
Globally, investors continue to increase their usage of short & leveraged ETPs. Global S&L ETP assets remained unchanged over August to stand at $59.7 billion (as at 31 August 2014). 
Investors are increasingly using S&L ETPs for a variety of reasons. There is wider product availability, greater product knowledge from improved educational resources, and increased demand for hedging tools and leveraged instruments available. There is also a move towards independent, transparent and exchange traded instruments such as ETFs and ETPs. As a result of this increased usage and interest in S&L ETPs, BOOST recently launched a monthly Global Short & Leverage ETF / ETP Report and a Short & Leverage ETF / ETP Advisor Tool Kit.