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Posted by
Two Blokes Jun 8 -
Filed in
Stock
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8 views
SPXU is designed for -3x daily inverse S&P 500 exposure, making it suitable only for short-term speculation or hedging, not long-term investment. Holding SPXU over time leads to value erosion, due to daily derivative time decay and compounding losses, especially in volatile markets. The ETF is highly liquid with tight spreads and low costs, performing as intended for its specific purpose of daily leveraged trading.
