Home > Boards > Other Markets > ETFs > ProShares UltraPro S&P500 3x (UPRO)
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Alias Born 07/18/2003

Friday, August 08, 2014 11:38:11 AM

Re: JSUPSTARZ post# 17

Post# of 48
Does this have any type of decay or no?

It can. It is time related. Keep in mind this is only daily 3x's. You can do a perf chart and see what it is.. it likely varies.

Same as with UCO and the example is below... It is called contango.



However.. you can have the opposite effect too. This is called normal backwardation.

And this is what has happened with UPRO

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y