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Stock Investing > Finance Professor

A graph of why you should not hold levered ETFs long term

Mahar | Thu, 10/29/2009 - 1:31pm | ETF trading, ETFs, exchange-traded funds, FMA conference, Trading ETFs |  5 comments

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Do you remember last week when I tweeted from the FMA conference about the luncheon speaker who pointed out the fact that levered ETFs that regularly relever are good at mirroring the market on a daily basis, but in the long term are bad bets since they are short an embedded option on Gamma which m
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