%% NICE chart, actually readable . Green line 3x leveraged , not likely to ever be that smooth . And in a year or ANY period like 2015, 3 x longs + and 3 x inverse would + did get get chopped + slopped a lot ; + your black line , say for SPY [non leveraged, but liquidity leader] would outperform 3 x leveraged with dividends , like 2015. As your charts hints, maybe some times when some may want a 3X
Since 10/10/2022 SOXL is up 8X and NVDA is up 10X. Not bad for a 3X sector fund. I mean its hard to say which one carries more risk.
The so-called double short ETFs trade is quite risky then, just like any short vol trades. It will blow up badly if the underlying trends strongly. Plus the high short cost on the inverse ETF leg.
%% MAINLY , dont ignore the 2 or 3x SCHW warning; NOT suitable for most investors .LOL good . Christian Goodwin on FOX news may report on that , not a prediction,