SPXU: Understanding The Risks Of A -3X Leveraged S&P 500 ETF (NYSEARCA:SPXU)
Seeking Alpha·2025-10-23 13:28
The ProShares UltraPro Short S&P500 ETF (NYSEARCA: SPXU ) is a leveraged ETF with a factor of -3x launched on 6/23/2009 and is based on the S&P 500® Index, with an expense ratio of 0.90%. SPXU is a very liquid, albeit mid-size ETF, with $571 millionFred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an ...