Recent Winners and Losers on the Leveraged ETF Front

Leveraged ETFs have seemingly taken over the exchange traded fund asset class in recent months, and below we highlight the best and worst performers since the November 20th market low.  As shown, the double long real estate ETF is up the most since 11/20 with a gain of 97%!  The triple long financial ETF ranks 2nd with a gain of 86%, followed by 2x basic materials (UYM), 3x smallcaps (TNA), and 2x financials (UYG). 

On the downside, the triple short financials ETF (FAZ) and the double short real estate ETF (SRS) are both down about the same at -79%.  Double short China (FXP) is down the third most at -66%, followed closely by the double short Rydex financial ETF (RFN) at -64.9%.

One thing is for sure -- these leveraged ETFs aren't lacking volatility.

 

 

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Comments

[jswede]

I noticed SRS (2x inverse daily Dow Jones Real Estate Index) and the Dow Jones Real Estate Index itself are BOTH down 50% this year.... that was enough for me to never consider this asset class again.

[San Fran Sam]

Never say "never". Even this worm will turn someday.