Levaraged ETFs, although more volatile and more expensive that other ETFs, do offer the chance for home run like returns. Below is the following top 3 Leveraged ETFs with the largest percentage gain YTD.
Exchange Traded Fund | Ticker | YTD Return |
ProShares Ultra Gold | UGL | 58.34% |
Direxion Daily 20+ Treasury Bull 3X | TMF | 47.90% |
ProShares Ultra Silver | AGQ | 41.74% |
ProShares Ultra Gold (UGL) – seeks to replicate 200% of the price performance of gold bullion. This ETF has a higher than average expense ratio of 0.95%, versus the category average of 0.85%. Also the ETF has a higher than average tracking error of 1.74%, meaning that it does not always closely follow the spot price of gold.
Direxion Daily 20+ Treasury Bull 3x (TMF) – seeks to relicate 300% of the price performanc of the NYSE 20+year U.S. Treasury Bond Index. This ETF has a current yield of 0.77% and has an expense ratio of 0.95%.
ProShares Ultra Silver (AGQ) – tracks 200% of the daily performance of the spot price of Silver. This ETF has a higher than average expense ratio of 0.95%, and has over $1 billion in assets under management.
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