ETFlab releases DJ Euro Stoxx 50 Short fund

The ETFlab DJ Euro Stoxx 50 Short ETF provides exposure to the inverse performance of the 50 largest European companies. Any negative development in the underlying Euro Stoxx 50 benchmark results in a positive change of the same amplitude in the short version, and vice versa. For example, if the underlying index is down 2%, the short index is up 2%, plus interest earned on the investment based on the Euro Overnight Index Average (Eonia). Stoxx CEO Ricardo Manrique says: "The index's sophisticated, rules-based and transparent methodology enables market participants to access an inno...