Implicit leverage: Can accrued fees cause levered ETN returns?

A John, L DeVault - Finance Research Letters, 2023 - Elsevier
Abstract Exchange Traded Notes (ETNs) are unsecured debt obligations backed by the
credit quality of the issuing bank. These investments are designed to provide the return of an …

What drives the market for exchange-traded notes?

D Rakowski, S Shirley - Journal of Banking & Finance, 2020 - Elsevier
Exchange-traded notes (ETNs) are a relatively new form of security design that appear
similar to exchange-traded funds (ETFs), but with no underlying portfolio holdings. We …

Are ETNs realizing their potential? An empirical investigation of ETNs versus other exchange-traded products in the precious metals' space

H Geman, L Thukral, C Wright - The Journal of Index Investing, 2012 - pm-research.com
Within the precious metals' space, this article outlines and investigates empirically three
potential advantages that ETNs may have relative to other exchange-traded products, such …

Mispricing and trading profits in exchange-traded notes

D Diavatopoulos, H Geman, L Thukral… - The Journal of …, 2014 - pm-research.com
This article investigates whether a simple long–short weekly trading strategy based on
mispricing among exchange-traded notes (ETNs) generates profits in excess of the S&P 500 …

A Daily Trading Strategy in theETN Space

L Thukral, D Diavatopoulos, H Geman… - The Journal of …, 2013 - pm-research.com
This article investigates whether the weekly trading strategy in the ETN space reported by
Diavatopoulos et al.[forthcoming] may be profitably deployed as a daily strategy. Replicating …

[CITATION][C] MUTUAL FUNDS AND THE EXCHANGE TRADED NOTE MARKET

SE Shirleya, JR Starkb