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Forget 1:1 Returns: The Double-Leveraged Secret to Outperforming the S&P Financials
The ProShares Ultra Financials fund provides twice the daily exposure to financial stocks. It's ideal for a short-term leveraged trade to capitalize on a rally in financial stocks.
Fool | 4 months ago
UYG: A Leveraged Bet On Financials For Upcoming Deregulation
The ProShares Ultra Financials ETF offers 2x daily leverage on the S&P Financial Select Sector Index, ideal for bullish short-term traders. UYG's 0.95% expense ratio is competitive for leveraged ETFs, but higher than non-leveraged sector ETFs, impacting returns in flat markets. Leveraged exposure can amplify gains and losses, making UYG suitable for high-risk tolerance and short-term strategies, not long-term holding.
Seekingalpha | 1 year ago
