Cryptocurrency Q&A Is UPRO 2x or 3x?

Is UPRO 2x or 3x?

Eleonora Eleonora Tue Dec 24 2024 | 6 answers 1208
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. Is UPRO 2x or 3x?

6 answers

CharmedEcho CharmedEcho Wed Dec 25 2024
Investors should note that this amplified performance can lead to both greater gains and increased losses.

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KimonoElegant KimonoElegant Wed Dec 25 2024
The ProShares ETF aims to achieve daily investment outcomes.

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CloudlitWonder 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.

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Claudio Claudio Wed Dec 25 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services to its users.

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Michele Michele Wed Dec 25 2024
The benchmark in question is referred to as the "Daily Target."

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