Direxion Daily Semiconductor Bull 3x (NYSEMKT:SOXL)

leohaas (91.57) Submitted: 7/12/2012 4:07:10 PM : Start Price: $22.15 SOXL Score: -91.90

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 36 times, yielding 662 points and 63 for 63 on my accuracy (9 times my harvested score was positive, but dropped below the magic +5 number).