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.

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 ...

Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The 1-yr return represents total return over the trailing 12 months. Both funds charge nearly ...

Leveraged ETFs promise supercharged gains. The math tells a different story.

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 ...

Detailed price information for Ultra S&P500 2X ETF (SSO-A) from The Globe and Mail including charting and trades.