Leveraged ETFs Can Deliver Unexpected Results
The Journal’s Jonathan Burton takes a look at the pros and cons of incorporating leveraged ETFs in a portfolio. The main point of the piece is that since leveraged ETFs are designed for daily performance, holding them for longer than a day can result in unexpected returns.
The leveraged ETFs highlighted in Burton’s column include:
ProShares UltraShort Russell2000 (TWM)
ProShares Ultra Russell2000 (UWM)
ProShares UltraShort 20+ Year Treasury (TBT)
ProShares UltraShort S&P500 (SDS)
ProShares UltraShort Euro (EUO)
