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Matthew D. McCall » Comments » SEF

  • Why You Need to Be Careful With Leveraged ETFs [View article]
    Unfortunately your comment is incorrect. Yes, it can be explained by simple mathematics, however it has to do with the daily rebalancing of the leveraged ETFs. If you bought twice as much in a short ETF versus a leveraged short ETF the returns will be skewed over time. The derivative comment is also wrong, but thanks for the comment.
    Dec 24 09:41 am |Rating: +1 -1 |Link to Comment
  • Why You Need to Be Careful With Leveraged ETFs [View article]

    You can find a complete list of the dividends and capital gains distributed by ProShares on their website, proshares.com.


    On Dec 24 07:30 AM Gene Jaquet wrote:

    > Thank you for these observations. I don't know if this is coincidental,
    > but the article was posted a day after SDS opened at $75.40 having
    > closed the afternoon before at $87.44 (so down 13.8%) whereas the
    > S&P 500 opened up only 1.9% higher. Is this an anomaly linked
    > to triple-witching? Do you (or anyone else) have an explanation?
    Dec 24 09:28 am |Rating: 0 0 |Link to Comment
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