
In this doubleheader, Kreinces highlights that leveraged ETFs, such as 3x S&P 500 symbols SPXL and UPRO, have been the most important innovation for investors.
Video: ETF Battles – SPY vs. SPLG vs. URTH
Watch David Kreinces, CIO of ETF PM, appear on ETF Battles with Ron Delegge at ETFguide and Mike Akins at ETF Action.

Over the past 10 years, SPXL actually delivered a total return of 950%, or 27% annualized, which was 4x the unleveraged S&P 500 return of 236%, or 13% annualized. It seems that SPXL and UPRO can both be considered “American Dream ETFs” as well.
Once again, leveraged diversification has delivered a free retirement nest egg. Given this extraordinary opportunity for investors, leveraged ETFs should be part of a universal basic income solution.