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Asset Class: Trading – Leveraged Equity
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Oldest ETF back tested: ProShares Ultra QQQ (QLD)
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Long-Term Performance: 21.44% CAGR
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S&P 500 Performance: 8.32% CAGR
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Back test timeframe: July 2006 – April 2020
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Number of ETFs available in this asset class: 103
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Number of 2X Leveraged ETFs in this asset class that are 10-years old or older: 26
WARNING! Leveraged ETFs are high risk complex financial instruments. Please do not trade or invest in any leveraged product until you thoroughly understand the risks involved. Additionally, all but 9 of the 26 ETFs researched in this article failed to outperform a non-leveraged S&P 500 index fund; meaning that most of these products are simply not worth the risk of holding them for longer than a day or so. They are intended to be used as trading vehicles, not investment vehicles. Buyer beware!
QLD vs SPY: July 2006 – April 2020
QLD vs SPY: June 21, 2006 – May 8, 2020
The Deep Value ETF Accumulator rankings for the 26 oldest Trading – Leveraged Equity ETFs (2X only):
The 4 top ranked Trading – Leveraged Equity ETFs head-to-head comparisons (2X only):
QLD vs ROM vs RXL vs UCC: March 2007 – April 2020
QLD vs ROM vs RXL vs UCC: February 1, 2007 – May 8, 2020
Stated objectives of the 4 top ranked Trading – Leveraged Equitiy ETFs:
QLD: ProShares Ultra QQQ seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq-100 Index®.
ROM: ProShares Ultra Technology seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. TechnologySM Index.
RXL: ProShares Ultra Health Care seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Health CareSM Index.
UCC: ProShares Ultra Consumer Services seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Consumer ServicesSM Index.
Thank you for taking time to read this article. If you found it useful, please share it with a friend.
Respectfully yours, Micah McDonald, aka the Deep Value ETF Accumulator
Previous Deep Value ETF Accumulator articles on Trading – Leveraged Equity ETFs:
Best Long-Term Performance Trading – Leveraged Equity ETFs (2X Only) 1.2
Best Long-Term Performance Trading – Leveraged Equity ETFs 1.1
Disclosure: We currently own shares of QLD and we intend to buy more shares in the future. I am not a professional investment advisor. Please perform you own due diligence or seek the advice of a Registered Investment Advisor before investing in any security mentioned in this article. This website contains affiliate links to M1 Finance and Google AdSense.