The ProShares Ultra S&P500 ETF is a leveraged ETF targeting twice the S&P 500’s daily return. SSO uses swaps and futures to achieve 2X exposure to U.S. large-cap stocks. Performance soars in sustained ...
So-called "leveraged" ETFs like the ProShares Ultra S&P 500 fund magnify broad market index's gains. They equally magnify their losses, however, turning into serious liabilities when stocks suffer ...
Doubling the daily return of the S&P 500 might sound tempting -- but it's not the right move for most investors.