I'm trying to figure out if UPRO is a 2x or 3x
Leveraged ETF. I've heard different opinions on this and would like to get a clear answer.
6 answers
CharmedEcho
Wed Dec 25 2024
Investors should note that this amplified performance can lead to both greater gains and increased losses.
KimonoElegant
Wed Dec 25 2024
The ProShares ETF aims to achieve daily investment outcomes.
CloudlitWonder
Wed Dec 25 2024
These outcomes are intended to match, prior to any fees or expenses, three times the daily performance of its benchmark.
Claudio
Wed Dec 25 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services to its users.
Michele
Wed Dec 25 2024
The benchmark in question is referred to as the "Daily Target."