1. SPXL is a 3x leveraged ETF designed to amplify gains in the S&P 500.
2. SPXS is a bullish ETF designed to triple the gains of the S&P 500.
3. Leveraged ETFs like SPXL and UPRO reset their leverage daily.
4. UPRO is a 2x leveraged ETF that tracks the S&P 500.
5. SPXS is a bearish ETF, meaning it benefits when the S&P 500 goes down.
6. Leveraged ETFs are typically meant for long-term investors.
7. UPRO is a 3x leveraged ETF that tracks the S&P 500.
8. Leveraged ETFs magnify both gains and losses.
9. Leveraged ETFs do not reset daily and can track performance consistently over long periods.
10. SPXL provides 3x the inverse performance of the S&P 500.