Ads
related to: s&p etf 3xsmartholidayshopping.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
The huge increase in leveraged and options ETFs has coincided with an impressive stock-market rally. The S&P 500 is up 58% since the start of 2023, a favorable environment for long-leveraged products.
Direxion Daily S&P 500 Bull 3x (SPXL) This ETF aims for three times the daily return on the S&P 500, which can run higher quickly in a raging bull market. The average daily volume is 3.4 million ...
The largest ETF, as of April 2021, was the SPDR S&P 500 ETF Trust (NYSE Arca: SPY), with about $353.4 billion in assets. The second-largest was the iShares Core S&P 500 ETF with around $270.0 billion (NYSE Arca: IVV), and third-largest was the Vanguard Total Stock Market ETF (NYSE Arca: VTI) with $213.1 billion. [3]
As the name suggests, the Direxion Daily S&P 500 Bull 3X Shares ETF attempts to provide triple the return of the S&P 500 index on a daily basis. Fund management stresses that investors should not ...
In November 2008 the company was the first to offer ETFs with 3X leverage, a move that was copied some months later by its competitors ProShares and Rydex Investments. The move made it one of the fastest-growing ETF companies, with its sixteen 3X ETFs reaching a total of $3.4 billion in assets by April 2009.
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. [1] [2] [3] ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or commodities such as gold bars.
The ETF is designed to track the S&P 500 index by holding a portfolio comprising all 500 companies on the index. [1] It is a part of the SPDR family of ETFs and is managed by State Street Global Advisors. [2] The fund is the largest and oldest ETF in the USA. Legally, the fund is set up as a unit investment trust.
So, a fund like the Direxion Daily S&P 500 Bull 3X Shares (SPXL) offers three times the performance of the S&P 500 index for that day. If the index goes up, the ETF should go up three times as much.
Ads
related to: s&p etf 3xsmartholidayshopping.com has been visited by 100K+ users in the past month