Our Experienced ETF Investor Loss Lawyers Represent Retail Investors, Retirees, and Sophisticated Investors
Actively Managed Exchange-Traded Fund Ranked Among The “10 Worst” of 2022
According to FinancialPlanning, actively managed exchange-traded funds (ETFs) made its list of the “10 worst-performing US ETFs of 2022.” The compilation is based on year-to-date returns as of December 27, 2022 with data coming from Morningstar Direct:
- iShares MSCI Russia ETF (ERUS)
- VanEck Russia ETF (RSX)
- VanEck Russia Small-Cap ETF (RSXJ)
- Osprey Solana Trust (OSOL)
- Direxion Daily DowJones Int Bl 3X ETF (WEBL)
- ProShares Ultrashort Bloomberg Natrl Gas (KOLD)
- Grayscale Decentraland Trust (MANA)
- Graysale Filecoin Trust (FIL)
- Direxion Daily Sel Lg Cp & FANGs Bll 2x (FNGG)
- ETFMG 2X Daily Alternative Harvest ETF (MJXL)
Some of these ETFs are invested in volatile assets and niche areas, such as Russian stocks.
Shepherd Smith Edwards and Kantas (investorlawyers.com) represents investors in their ETF investor loss lawsuits against their broker-dealers that unsuitably sold or concentrated their portfolios with these types of investments.
What Are Exchange-Traded Funds and How Can Investing in Them Lead To Investor Losses?
This is a pooled investment security that usually tracks a certain sector, index, commodity, or some other funds. ETFs can be bought or sold on a stock exchange and their share price changes throughout the day.
ETFs can be passive or active. A passive ETF will track an index. An active ETF is managed by a portfolio manager that decides which securities to include and they may seek to generate above average returns. Active ETFs tend to be more expensive (including how much they charge for management fees) and may also be riskier.
Granted, all exchange-traded funds are exposed to the market and losses may result. However, if your broker unsuitably recommended complex ETFs that were too risky for you, overconcentrated your account into too many ETFs, or excessively traded in your account for the purpose of earning more commissions, you may be able to sue your broker over your losses.
Why You Want To Work With Our Seasoned ETF Investment Loss Attorneys
At Shepherd Smith Edwards and Kantas, we bring over a century’s worth of combined experience in securities law and the securities industry to our representing investors. You want ETF investor loss lawyers that understand this kind of financial product and the ways in which broker misconduct or negligence may have played a role. And, if your investment losses are not a result of either, and it makes no sense to sue your broker, this is something we can also help you figure out so you don’t waste your time and energy pursuing a claim.
Brokerage firms are typically prepared to fight securities fraud claims and they will have their own legal team that will be representing them. This is yet another reason why you want skilled investor attorneys like us by your side. Not only that but with Shepherd Smith Edwards and Kantas you are retaining the services of not just one lawyer, but our entire team of securities attorneys, legal staff, and consultants.
Proving brokerage firm negligence or fraud can be very difficult. You want to work with a savvy securities fraud law firm that knows how to identify the signs and conduct the necessary due diligence to build a solid investor loss claim on your behalf. We also work with consultants and legal experts who can testify on your behalf during the FINRA arbitration hearing.
How To Contact ETF Investor Loss Lawyers at Shepherd Smith Edwards and Kantas:
Over the years, we have helped thousands of investors to recover damages from their brokerage firms and financial advisors whose due diligence failures, unsuitable investment recommendations, failure to supervise, and other actions were responsible for their losses.