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Overleveraged.
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The market will burn.
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Will lose tracking accuracy if held more than 1 day, so definitely will underperform in the long run. No brainer.
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The leverage in these along with rebalancing and management costs, plus the long-term upward trend in markets makes them poor performers over the long term. Easy red thumb points.
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look at the name...
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DOWN DOWN IN BURNING RING OF FIRE
AND IT BURNS BURNS BURN THE RING OF FIRE
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to easy
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bullishbabbo
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chk999
Recs
Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing
Recs
Stocks go up.
Recs
Because Ultras Suck
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