Yesterday, XLF dropped 1.7% during the last 15 minutes. This is what happened with the leveraged ETFs during those minutes:
XLF: -1.7%
UYG: -3.5%
SKF: +2.3% (combined loss of 1.2%)
FAS: -4.3%
FAZ: +3.7% (combined loss of 1.4%)
Here are the charts:
The issues with these ETFs also occur intra-day. A investor that is caught in the wrong side of the trade (read gamble) can have significant losses.

No comments:
Post a Comment