Is there a triple leveraged S&P 500 ETF?
The 3× leveraged S&P 500 ETF with the lowest fees and highest liquidity is UPRO. The one-year total return of the S&P 500 Index is -8.1%, as of Sept. 12, 2022. But investors should remember that these ETFs are not designed to mimic long-term returns.
Are triple leveraged ETFs good long term investments?
Triple-leveraged (3x) exchange-traded funds (ETFs) come with considerable risk and are not appropriate for long-term investing. Compounding can cause large losses for 3x ETFs during volatile markets, such as U.S. stocks in the first half of 2020.
Can I invest in SPXL long term?
SPXL is safe to hold long term but only for investors with the highest levels of risk appetite. Investors who hold SPXL can reap significant outperformance against the S&P 500 in the majority of cases and over the long run.