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Leveraged ETFs seek to provide the expected return on a daily basis. They do not provide the returns that you might expect over periods longer than a day, and t
by dirtae 16y ago
Leveraged ETFs seek to provide the expected return on a daily basis. They do not provide the returns that you might expect over periods longer than a day, and therefore are only useful for day traders.
http://www.etfbase.com/leveraged-etf-decay/ http://www.etfbase.com/leveraged-etf-decay/
- wheaties 16y ago+1 for correctly stating how those investment vehicles are structured. In fact, expect not to see them much later in the future as people didn't understand how or why they performed as they did.