3 Leveraged ETFs to Multiply Returns

Market Beat
2024.09.12 13:45
portai
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This article discusses three leveraged ETFs designed for investors with a high-risk tolerance seeking amplified returns. The GraniteShares 2x Long NVDA Daily ETF (NVDL) targets NVIDIA, aiming for double its daily performance. The MicroSectors Fang+ Index 3X Leveraged ETN (FNGU) offers triple daily returns of major tech stocks, while the Direxion Daily S&P 500 Bull 3X Shares ETF (SPXL) aims for triple returns of the S&P 500. These funds are suitable for active traders but carry significant risks, including volatility decay.