With markets this volatile, which ETFs were moomoo AU users trading? Let’s take a look:
The ranking is based on the number of clients who traded each ETF. Both buys and sells are counted, so it does not reflect net buying or any market view.
What are the ETFs on the list?
Global shares: $Vanguard MSCI Intl ETF (VGS.AU)$
One ETF holding more than 1,200 developed-market stocks (excluding Australia). It is ASX-listed and priced in AUD. A quick note: its tech weighting is also close to 38%.
Sector themes: $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ $Roundhill Memory ETF (DRAM.US)$
SOXL is a 3x daily leveraged ETF that tracks a semiconductor index. DRAM is the Roundhill Memory ETF, which focuses on memory chips. Samsung, SK Hynix and Micron together make up about 70% of the portfolio.
Leveraged ETFs are complex products designed primarily for short-term trading and are…
