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Leveraged ETF Watchlist And Focus On SSO's Decay
Seeking Alphaยท 2025-10-01 14:05
Core Insights - ProShares Ultra S&P500 ETF (SSO) is identified as a potentially profitable swing trading instrument, but its 2X leverage factor introduces a risk of drift [1] Group 1: Drift and Leverage - The article explains the concept of "drift" in the context of leveraged ETFs, particularly focusing on SSO [1] - A total of 22 leveraged ETFs are reported on regarding their drift characteristics, with SSO being a primary focus [1] Group 2: Author Background - The author, Fred Piard, PhD, has over 30 years of experience in technology and is a quantitative analyst [1] - Fred runs the investing group Quantitative Risk & Value, which includes a portfolio of quality dividend stocks and tech innovation companies [1]