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I think it's generally understood that 3x leveraged ETFs are terrible for long-term. Losses are disproportional to gains and with rebalancing and fees, they're
by adoxyz 6y ago
I think it's generally understood that 3x leveraged ETFs are terrible for long-term.
Losses are disproportional to gains and with rebalancing and fees, they're a long-term loser.
- jbjbjbjb 6y agoYes but according to the author’s math that’s a myth. http://ddnum.com/articles/leveragedETFs.php http://ddnum.com/articles/leveragedETFs.php