Leveraged Exchange-Traded Fund

URI: https://gptkb.org/entity/Leveraged_Exchange-Traded_Fund
GPTKB entity
Statements (33)
Predicate Object
gptkbp:instanceOf Exchange-Traded Fund
gptkbp:abbreviation Leveraged ETF
gptkbp:canBe bearish
bullish
gptkbp:category gptkb:financial_services_company
gptkb:hedge_fund
derivative-based product
gptkbp:common_leverage_ratios 3x
2x
gptkbp:daily_reset yes
gptkbp:example Direxion Daily Financial Bull 3X Shares (FAS)
ProShares Ultra S&P500 (SSO)
ProShares UltraShort QQQ (QID)
gptkbp:fareControl higher than traditional ETFs
https://www.w3.org/2000/01/rdf-schema#label Leveraged Exchange-Traded Fund
gptkbp:introducedIn 2006
gptkbp:inverse_version Inverse ETF
gptkbp:issuedBy gptkb:Invesco
gptkb:ProShares
Direxion
gptkbp:notRecommendedFor long-term investing
gptkbp:purpose amplify returns of underlying index
gptkbp:regulates gptkb:U.S._Securities_and_Exchange_Commission
gptkbp:riskFactor higher volatility
potential for large losses
gptkbp:subject compounding risk
gptkbp:suitableFor short-term trading
gptkbp:tracks underlying index
gptkbp:tradedOn stock exchanges
gptkbp:uses debt
financial derivatives
gptkbp:bfsParent gptkb:LETF
gptkbp:bfsLayer 7