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  • Understanding Levered ETFs and Geometric Returns [View article]
    I would like to know what happens with a 3x ETF when the underlying index goes 33.3% against it. Does the ETF just go to zero and die? Obviously, the same question applied to 2x ETFs if the index goes 50% the other way. I know it's a far fetched scenario but I wonder.
    Jan 05 19:27 pm |Rating: 0 0 |Link to Comment
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