2 ms·
You're right that 0.9% is a lot, but the expenses get absorbed by the bond yield. The total difference of return between 0.5*SSO and SPY over the ten year perio
by smabie 6y ago
You're right that 0.9% is a lot, but the expenses get absorbed by the bond yield. The total difference of return between 0.5*SSO and SPY over the ten year period (2010-01-01 and 2020-01-01) is 28%. Maybe you're right that that's more than "slightly" worse, I'll change the wording.
Moreover, when doing at the historical returns, I do use UPRO, not just 3xSPY, so the expense ratio is included. It's not included in the chart that goes back to 2004, but I do mention that that one is synthetic and inaccurate.
- arkis22 6y agoI don't see 2020 in your graphs
- smabie 6y agoIts not labeled on the axis. But the analysis is up to last Friday. It's also easy to see that the huge drop and rebound at the end of Coronavirus. The start and end date are also mentioned in the post. Edit: actually it's on all the graphs. https://cryptm.org/assets/iret.png https://cryptm.org/assets/iret.png