Direxion Shares ETF Trust Small Cap Bull 3x (AMEX:TNA)

leohaas (98.76) Submitted: 11/23/2011 2:04:39 PM : Start Price: $35.47 TNA Score: -23.46

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 28 times, yielding 490 points and 50 for 50 on my accuracy (6 times my harvested score was positive, but dropped below the magic +5 number).