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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: 25.77% CAGR
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S&P 500 Performance: 10.20% CAGR
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Correlation to US Stock Market: 0.92
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Back test timeframe: July 2006 – March 2021
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Number of ETFs available in this asset class: 87
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Number of 2X Leveraged ETFs in this asset class that are 10-years old or older: 29
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 12 of the 29 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 – March 2021
QLD vs SPY: June 21, 2006 – April 1, 2021
The Deep Value ETF Accumulator rankings for the 29 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 USD vs UCC: March 2007 – March 2021
QLD vs ROM vs USD vs UCC: February 1, 2007 – April 1, 2021
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.
USD – ProShares Ultra Semiconductors seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. SemiconductorsSM 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 article on Trading – Leveraged Equity ETFs:
4 Best Long-Term Performance Trading – Leveraged Equity ETFs (2X Only) 1.3
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.