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Measuring UDOW's Drift, And Leveraged ETF Watchlist
Seeking Alpha· 2026-02-01 17:05
Group 1 - ProShares UltraPro Dow30 ETF (NYSEARCA: UDOW) is favored by short-term traders, with approximately 43% of assets under management being traded daily on average [1] - The ETF is characterized by a 3X daily leverage factor, indicating it is not suitable for long-term investment strategies [1] Group 2 - Fred Piard, a quantitative analyst with over 30 years of experience, manages an investing group focused on quality dividend stocks and tech innovation [1] - The investing group also provides market risk indicators, real estate strategies, bond strategies, and income strategies in closed-end funds [1]