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there's inverse ETF's. SPXS is a leveraged "bear fund" that gains value as the S&P500 decreases in value. SPXS is particular will move 3X the movement of the S&
by nemo44x 8y ago
there's inverse ETF's. SPXS is a leveraged "bear fund" that gains value as the S&P500 decreases in value. SPXS is particular will move 3X the movement of the S&P500 so a loss of 1% in the market is a gain of 3% in SPXS.
SPXS has been an awful fund to hold since 2009.
- matwood 8y agoBe careful with leveraged ETFs because of decay. They are really only good to hold short periods. https://seekingalpha.com/article/1864191-what-you-need-to-know-about-the-decay-of-leveraged-etfs https://seekingalpha.com/article/1864191-what-you-need-to-kn...