SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Webster Groves who wrote (91262)12/6/2008 4:16:53 PM
From: maxncompany  Read Replies (1) of 116555
 
I believe these leveraged inverse ETFs are meant to 2X (or 3X as the case may be) the daily return not 2X the annual return. You noted that, but missed that that is the key. Mathwise, it won't add up to even close to 2X the annual because it isn't based on the annual. Based on the daily makes it a whole 'nother ballgame.

Anyway, that's my understanding.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News