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Home invest in investing living frugal what to invest in ~40% YTD returns on both, so what's the difference between a 2X leveraged fund valued daily (UOPIX) versus monthly (DXQLX)?

~40% YTD returns on both, so what's the difference between a 2X leveraged fund valued daily (UOPIX) versus monthly (DXQLX)?

On
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The YTD returns are roughly the same ~ 41%, although 10 year annualized returns are as follows:

UOPIX: 17% DXQLX: 14%

P.S. I'm not throwing my life savings into these. If I do anything with leveraged ETFs/mutual funds, it would be a very small amount I'm comfortable with losing like less than 2% of my investments.



Submitted August 26, 2017 at 02:53PM by ROI1234 http://ift.tt/2w7BN27
invest ininvestingliving frugalwhat to invest in
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