can someone answer this ? about doubleX etfs

Okay so you are getting 2:1. What is the cost? Is an interest rate built into the price, like an interest rate is built into the futures? What is the interest rate? The same as the futures?

 

The costs incurred to achieve the leverage effect is included in the fund's expenses and deducted daily.

 

thank you for your response. Would anyone have a link to find this. I've been seraching and nreally just can't find this

 

Check the sponsor of the ETF.. they should have the info... likely online.

 

http://www.ritholtz.com/blog/2008/12/how-to-become-ultrabroke/