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Leveraged ETFs Dashboard And Lessons From SPXL History
Leveraged ETF prices drift due to beta-slippage. This monthly article series monitors 22 of them. ProShares Direxion Daily S&P 500 Bull 3x Shares ETF (SPXL) has experienced both positive and negative drift in its history. In volatile times, it is recommended to use ETFs with less leverage for hedging purposes.
Seekingalpha | 1 year ago
This 3X Bull ETF Could Rocket Higher If Projections Keep Rising
The S&P 500 is up 12% year to date and it could keep on climbing if analyst projections are correct. In turn, that could further boost the Direxion Daily S&P 500 Bull 3X Shares ETF (SPXL).
Etftrends | 1 year ago
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