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  • Why Leveraged ETFs Are Bound to Deteriorate  [View article]
    "As you can see the net gain for the index was 5.87%, however all 4 of the leveraged ETFs did not perform as they were suppose to."

    the etfs performed exactly as advertised - 2x or 3x the DAILY move of the selected index. these are not buy and hold securities (as you stated). I am not challenging your premise of decay over the long run (esp. if you believe in mean reversion), but let's not blaspheme these instruments which can be useful.
    Aug 13 18:09 pm |Rating: +2 -1 |Link to Comment
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