Cryptocurrency Q&A
What is 3X leveraged ETF?
What is 3X leveraged ETF?
Stardust
Tue Dec 24 2024
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5 answers
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I want to understand what a 3X Leveraged ETF is. Could someone explain its basics, how it works, and what kind of risks and rewards are associated with investing in it?
5 answers
Carlo
Thu Dec 26 2024
This means that if the index or benchmark experiences positive performance, the ETF will amplify this gain by a factor of three.
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CryptoAlchemist
Thu Dec 26 2024
An ETF Leveraged 3x represents an investment vehicle that aims to deliver triple the returns of the index or benchmark it tracks.
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Paolo
Wed Dec 25 2024
Conversely, if the index or benchmark experiences negative performance, the ETF will also amplify this loss by a factor of three.
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SsamziegangSerenadeMelodyHarmony
Wed Dec 25 2024
For example, a 3x S&P 500 index ETF would return +3% if the S&P 500 index rose by 1%.
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CryptoBaroness
Wed Dec 25 2024
Similarly, if the S&P 500 index dropped by 1%, the ETF would lose 3%.
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