If the market goes up 1%, a leveraged ETF promises to go up 2%. That sounds like free money until you understand the catch: daily rebalancing means the math only works in one direction at a time.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an ...

Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The 1-yr return represents total return over the trailing 12 months. Both funds charge nearly ...

Detailed price information for Ultra S&P500 2X ETF (SSO-A) from The Globe and Mail including charting and trades.

Detailed price information for Ultra S&P500 2X ETF (SSO-A) from The Globe and Mail including charting and trades.

QLD carries a higher expense ratio and a much lower yield compared to SSO. QLD delivered a stronger one-year return but experienced a substantially deeper five-year drawdown. Both funds use daily 2x ...

ProShares - Ultra QQQ (NYSEMKT:QLD) stands out for its deeper tech focus, higher recent returns, and steeper drawdowns compared to ProShares - Ultra S&P500 (NYSEMKT:SSO), while also carrying a ...

SOXL’s 3x leverage and semiconductor focus create much higher volatility and deeper drawdowns than SSO’s 2x S&P 500 exposure. Both funds charge similar expenses, but SSO delivers a higher dividend ...

QLD has delivered a higher 1-year total return but has also suffered a much steeper historical drawdown QLD charges a slightly higher expense ratio and pays a lower dividend yield than SSO This ...