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Posted by
Two Blokes May 2 -
Filed in
Stock
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Leveraged ETFs like Direxion Daily S&P 500 Bull 2X Shares ETF (SPUU) can be profitable in trending markets but suffer from beta-slippage. This article reports the drifts of 22 leveraged ETFs. Those in semiconductors show particularly large decays. SPUU's 12-month drift has been almost continuously negative since January 2022, highlighting its risk as a long-term holding.
