The common recommendation is that leveraged ETFs aren't good for long term investment. Mainly used as short term hedges.
However, it appears that in a consistent trend ( a bull cycle over the long period) a leveraged ETF would likely do well. Example - SOXL went all the way from ~$4 to $~60 between 2020 (precovid crash was ~21) to 2022.
If and when the next bull cycle returns, which "leveraged" (2x, 3x) ETFs/ETNs might likely do well ?
This page gives a list of leveraged ETFs (you can sort using leverage factor column )
https://stockmarketmba.com/listofleveragedetfs.php
Which one would you pic if you were to do so ?
Submitted September 24, 2023 at 01:11AM by goodpointbadpoint https://ift.tt/siwyR3L
