Real World Example of a Leveraged ETF The Direxion Daily Financial Bull 3x Shares (FAS) ETF holds equities in large U.S. financial companies. It has an expense ratio of 0.94%, and it tracks securities listed on the Financial Select Sector Index (IXMTR, an index of financial sector stocks ...
Fixed income, like Direxion Daily 20-Year Treasury Bull 3x Shares (TMF) or ProShares Ultra 7–10 Year Treasury (UST), a two-times leveraged ETF. Commodities, such as Direxion Daily Energy Bull 2x Shares (ERX) or DB Gold Double Short Exchange Traded Notes (DZZ), a two-times leveraged ...
000. If the index goes up by 1% to 10,100 on day 1, then the market price of the ETF moves down by 2% to $98 on the same day. Again, when the index goes up by another 1% to 10,201 on day 2, then the ETF value goes down by...
Guide to fixed income investing with ETFs Start Guide to commodity ETFs Start The Best Emerging Market ETFs Start Guide to Active ETFs Start What is a Leveraged ETF? If you've ever been curious about investing in the stock market or exploring different investment options, you might have...
ETF Name Leveraged Total Assets ($MM) YTD Avg Volume Previous Closing Price 1-Day Change Overall Rating TQQQProShares UltraPro QQQ3x$25,434.2055.28%47,345,400$77.90-0.90% SOXLDirexion Daily Semiconductor Bull 3x Shares3x$10,829.00-13.62%86,735,896$26.98-8.01% ...
BITX 2x Bitcoin Strategy ETF Currency $2,001.25 169.28% 11,168,463.0 $52.91 -0.62% YINN Direxion Daily FTSE China Bull 3X Shares Equity $1,659.12 36.67% 12,784,459.0 $28.07 -3.70% BULZ MicroSectors Solactive FANG & Innovation 3X Leveraged ETN Equity $1,497.06 59.50% 91,917.0 $167.83...
"etfdrift" is the drift of the etf relative to the leveraged index. "tradedrift" is the drift relative to an equivalent position in the non-leveraged index. etfdrift and tradedrift are calculated as followed, where abs is the absolute value operator. etfdrift = return - (indexreturn x ...
EDOW 0 0.00% First Trust Dow 30 Equal Weight ETF SPXS 0 0.00% Direxion Daily S&P 500® Bear 3X Shares ETF SSO 0 0.00% ProShares Ultra S&P500 ETF WTIU 0 0.00% MicroSectors™ Energy 3X Leveraged ETN SHNY 0 0.00% MicroSectors™ Gold 3X Leveraged ETN CompareSeeking...
a leveraged ETF offering three times daily long exposure to theS&P 500would gain 9% if the S&P 500 gained 3%, and vice-versa if it fell. The key word here is "daily." Because the leveraged exposure is only applied on a daily basis, holding LETFs for periods longer than that can resu...
Meanwhile, the T-Rex 2x Long Nvidia Daily Target ETF has seen inflows on days when Nvidia's share price has fallen, according to flows data from the company, and has pulled in $75.7 million since the beginning of June. The run-up in Nvidia's shares has also bolstere...