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But a leveraged ETF may try to boost that daily performance by two or even three times. When the S&P 500 is up 1 percent, a leveraged ETF tracking the index could rise 2 percent or even 3 percent.
As with all leveraged ETFs, returns relative to the index deteriorate the longer you hold SSO, as its 10-year return of 19.97% annually is only about 54% above the S&P 500’s. 5. Direxion Daily ...
Using a combination of options, futures, and swaps some firms have designed ETFs capable of tracking approximately −1x, 2x, −2x, 3x and −3x the daily returns of an index. 3x and −3x ETFs were first released on November 8, 2008 by Direxion Funds.
Leveraged and inverse products have given investors access to an investment space that was typically relegated to only high-net worth individuals or institutions. With the transparency and ...
Ticker Name 1 Week Return (LABU ) Direxion Daily S&P Biotech Bull 3x Shares 32.43% (BULZ) MicroSectors Solactive FANG & Innovation 3X Leveraged ETN [...] Top Performing Leveraged/Inverse ETFs: 07 ...
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