If the market goes up 1%, a leveraged ETF promises to go up 2%. That sounds like free money until you understand the catch: daily rebalancing means the math only works in one direction at a time.
ProShares Ultra S&P500 ETF (SSO) may be a profitable swing trading instrument, but the 2X leverage factor is a source of drift. This article explains what "drift" means, reports it for 22 leveraged ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an ...
Leveraged ETFs promise supercharged gains. The math tells a different story.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an ...
SOXL’s 3x leverage and semiconductor sector focus create far higher risk and volatility than SSO’s broad 2x S&P 500 exposure. SOXL offers a lower expense ratio, but it's suffered a much deeper 5-year ...
The ProShares Ultra S&P500 ETF is a leveraged ETF targeting twice the S&P 500’s daily return. SSO uses swaps and futures to achieve 2X exposure to U.S. large-cap stocks. Performance soars in sustained ...
QLD has delivered a much higher 1-year return and leans even more heavily into technology than SSO. SSO is slightly cheaper to own and offers a higher dividend yield, but both funds reset leverage ...
Leveraged ETFs aim to multiple the gains of some index by a fixed factor. The focus of this article is on leveraged ETFs that work on daily gains. For example, the ProShares Ultra S&P 500 ETF (SSO) ...
Detailed price information for Ultra S&P500 2X ETF (SSO-A) from The Globe and Mail including charting and trades.