Leveraged ETFs I want to think carefully about in a downturn like today
The image below is a comparison chart between FANG and FNGG (FANG 2 times) No lever (orange) was +66.33% from 2021/09/27, while 2x (blue) is -38.82%, and there is still no recovery. That's why leveraged ETFs are said to be for the short term.
Of course, if you're clumsy, the super long term may be a big plus People who can cut losses according to the rules, people who have a super strong grip, or people who have the courage to buy more when they drop Otherwise, it might be difficult.
I don't currently have a leveraged ETF, but I'd like to consider buying one during the downturn (not buying one yet)
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X shion_plant : It's so different. It's helpful to refer to.