How does leverage shares 3X long US 500 ETP (spy3 - type ETF) work?

It invests directly in SPDR S&P 500 ETF Trust and uses margin (borrowing) to purchase additional stock. Performance charts for Leverage Shares 3x Long US 500 ETP Securities (SPY3 - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines.

Where can I find information on leveraged 3x ETFs?

Click on the tabs below to see more information on Leveraged 3X ETFs, including historical performance, dividends, holdings, expense ratios, technical indicators, analysts reports and more. Click on an ETF ticker or name to go to its detail page, for in-depth news, financial data and graphs.

What is a 3x leveraged ETF?

A 3x leveraged ETF uses debt to acquire or short more stock shares. This leverage gives these ETFs outsized gains during favorable market movements and additional losses when the market moves against them. The best 3x leveraged ETFs methodology involved looking at ETFs that mirrored popular indexes like the Nasdaq 100 and S&P 500.