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MUNEUTRAL000660.KSNEUTRALBEARISHCore thesis · 5/5

Levered single-stock ETFs amplify market volatility

The rapid growth of single-stock levered ETFs introduces a powerful non-discretionary short-gamma dynamic that forces mechanical daily rebalancing and amplifies moves in underlying stocks.

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MU: Levered single-stock ETFs amplify market volatility · Zortix