YTD returns for ETFs with US exposure average 6.8%

Singapore

UNITED States exchange traded funds (ETFs) have come under the spotlight in anticipation of the US Federal Reserve raising interest rates when officials meet next week.

In December so far, the db x-trackers S&P 500 Inverse Daily UCITS ETF was the most active, registering a 33-fold surge in turnover from the year-ago period to S$852,168, the Singapore Exchange (SGX) said in its My Gateway report.

It also posted the strongest year-on-year increase in turnover so fa…