| Exchange-traded funds have surged in popularity in recent years. As they've gained traction, they've also become more diverse, and one of the more high-profile ETF types to emerge has been the leveraged ETF.
Leveraged ETFs, which allow investors to magnify the returns of an index by two to three times, sound brilliant in theory. Who wouldn't want to earn triple what the Standard & Poor's 500 index did last year? Alas, all that glitters is not gold. And true to form, the shiny, promising world of leveraged ETFs is more an obstacle to be avoided and overcome than a tool to be harnessed and put to use...............................................Full Article: Source
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