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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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ultralong
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Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing
Recs
Fading every pick made by Ultralong
Recs
I am not sure we are at the bottom, but I am sure that we are very close. I am recommending a long position in this etf. Every time there is a 10% drop in the index you should buy, and every time there is a 10% increase in the index you should sell. I do not recommend purchasing and holding ultra etfs long-term. The fees are simply too high. Play the trading range and don't get too greedy.
Recs
Because Ultras Suck
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Fool UK
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