Direxion Shs Etf Tr Latn Am Bear3x (NYSEMKT:LHB.DL)

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Player Avatar leohaas (93.17) Submitted: 7/27/2012 4:15:11 PM : Underperform Start Price: $13.43 LHB.DL Score: -3.93

This kind of triple ETF will always underperform over the long run due to the way it is constructed. Note: I am not saying you cannot make any money holding this ETF, just that over a prolonged time it will lose money. I have now harvested positive scores on a 3x ETF and its inverse 37 times, yielding 678 points and 65 for 65 on my accuracy (9 times my harvested score was positive, but dropped below the magic +5 number).

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