: I invested in a leveraged (x3) ETF but it does not grow as the underlying index. What went wrong? I invested in Ayalon Extreme S&P 500 which is leveraged S&P. But its graphic does not follow the graphic of S&P.

Vote Up Vote Down   0 Reactions

Login to give Reaction!

I invested in a leveraged (x3) ETF but it does not grow as the underlying index. What went wrong?
I invested in Ayalon Extreme S&P 500 which is leveraged S&P.
But its graphic does not follow the graphic of S&P.
This is S&P which recently improved historic maximum:

And this is the leveraged ETF which did not even reach the level of the last year yet:

I expected it to grow 3x the original index.

(1)

Login to post a comment!