Is there a 3X ETF for the Dow or S&P500?

Discussion in 'ETFs' started by Smart Money, Jan 6, 2010.

  1. Does anyone know of a ETF for the Dow or the S&P 500 that is leveraged 3:1?

    Thanks,

    SM
     
  2. BGU is a large cap ETF... likely as close as you're going to get.
     
  3. Awesome. It seems to correlate pretty well. Is there a short version? A leveraged inverse of BGU?

    Thanks again,

    SM
     
  4. BGZ
     
  5. UPRO
    SPXU
     
  6. FAS & FAZ
     
  7. ^^^ proshares 3x (or ultra pro iirc) S&P bull/bear.

    I do not believe there are any 3x Dow products out at this time.

    EDIT: all the other crap listed is not based on the S&P 500 or the Dow
     
  8. You da man!
     
  9. "Crap"? Since when were you appointed "Crap Nazi?
     
  10. unless day trading, these are a major mistake. Do a google search on what happens with these when held for any length of time.
     
    #10     Jan 6, 2010