Wednesday, April 1, 2009

Performance of Direxion Leveraged ETFs

The previous covered the dreadful performance of FAS and FAZ. Here we look at te performance since inception for all Direxion ETFs:

As you can see, 93.75% of the ETFs are down, only one is positive (+5%). The average performance is -40%. The longest running fund was started in November of last year, just four months ago.

Numbers speaks for themselves.

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