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3x Leveraged ETF
An exchange-traded fund that seeks to deliver three times the daily return of its underlying index, using derivatives and debt; designed for short-term tactical trading only.
What is 3x Leveraged ETF?
An exchange-traded fund that seeks to deliver three times the daily return of its underlying index, using derivatives and debt; designed for short-term tactical trading only.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
Educational information only. Nothing on this page is personal financial, tax or legal advice. Investing involves risk, including the possible loss of principal.
