Leveraged ETFs Are Aggressive by Design. Here's What That Means for Investors

Over the past two decades, more investment firms have launched leveraged ETFs that aim to double or triple the gains of an underlying stock or index. For example, Direxion's Daily S&P 500 Bull 3x Shares (NYSEMKT: SPXL) aims to triple the daily performance of the S&P 500. Here's what investors should know about these highly aggressive investments. Image source: Getty Images. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you ...