Wednesday, November 18, 2009

Leveraged ETFs: FAS and FAZ Have Now Lost $3.146B

Speaking of leveraged ETFs, the dreadful 3X ETFs FAS and FAZ have now lost a combined $3.146B from mom & pop investors:

You can view this live here.
Below are the returns since inception. Remember that one is a bull, the other is a bear version...

(please click to enlarge)

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