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Just a note: Short and leveraged ETFs are designed to match intraday movement and are poorly suited for long-term holding. It says as much on the website. To w
by fr0sty 15y ago
Just a note: Short and leveraged ETFs are designed to match intraday movement and are poorly suited for long-term holding. It says as much on the website.
To wit: YTD EUR/USD is down .2% and that ETF is down 5%.