Leveraged ETFs Watchlist And Focus On SPXL History (NYSEARCA:SPXL)
· seekingalpha.com
SPXL aims for 3x daily S&P 500 returns, but leverage drift and decay can crush buy-and-hold results.
The Direxion Daily S&P 500 Bull 3X ETF ( SPXL ) is a leveraged ETF designed to deliver 300% of the daily performance of the S&P 500 Index. It was launched on 11...