Leveraged ETFs
Leveraged ETFs are exchange-traded funds designed to amplify the daily returns of an underlying index or asset. They use financial derivatives and debt to achieve this leverage, typically offering 2x or 3x the performance of the tracked index. For example, if the S&P 500 gains 1% in a day, a 3x leveraged ETF would aim to deliver a 3% return. However, this leverage also magnifies losses, making them riskier investments
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