I tested a couple different methods for simulating the leverage costs within leveraged ETFs like UPRO. Here are the results:
Spouse has covid so we are holed up at the moment
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I tested a couple different methods for simulating the leverage costs within leveraged ETFs like UPRO. Here are the results:
Spouse has covid so we are holed up at the moment
Great point. Few realize this. Also, I think that the low dividend yield relative to the financing cost going forward will negatively impact levered returns as well.