a believer

A Skeptic on Leveraged ETFs

I've run the analysis and the slippage on the main vs. short index ETFs (simple sum-of-the-two-stock prices) is horrendous and getting worse, minus 20% to minus 30% per year.

I suspect that the slippage on the 2X ETFs is even worse, especially recently.

So no, not a good investment or heding strategy. Day-trade onty.