Sunday, May 26, 2013 1:23:15 PM
I was surprised to see how the leveraged ETFs had performed in relation to the unleveraged ETFs since the bear market low of March 9, 2009.
Went to PerfCharts over at StockCharts to check the results.
The 200% leveraged ETF (SSO) almost tripled the performance of SPY. The 300% leveraged ETF (SPXL) did almost 6 times better.
I guess this is all a function of compounding and the fact that there have only been a couple of meaningful corrections since the current bull market began.
I have no points here that I am trying to make...just that I did not expect these type results.
Ray
Went to PerfCharts over at StockCharts to check the results.
The 200% leveraged ETF (SSO) almost tripled the performance of SPY. The 300% leveraged ETF (SPXL) did almost 6 times better.
I guess this is all a function of compounding and the fact that there have only been a couple of meaningful corrections since the current bull market began.
I have no points here that I am trying to make...just that I did not expect these type results.
Ray
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