ETF PM has reported extensively on the dynamic ETFs used in the investable benchmark portfolios and leading growth stocks such as Beyond Meat (BYND) and Roku (ROKU). Today, we highlight the extraordinary performance of another leading ETF in Technology 3x (TECL).
Technology 3x (TECL)
TECL has returned over 40% annualized this past decade which equates to a total return over 2,400%. Still, Vanguard banned leveraged ETFs and the media rarely covers them fairly.
Investors should always be cautious when engaging leverage, especially leveraged ETFs, and employ prudent risk controls as needed.
ETF PM has long positions in TECL, BYND, and ROKU.
9-Year Bull to Roar High: Bet on the Best Leveraged ETFs
Sweta Killa, 3/12/18
As the U.S. bull market turned nine on Mar 9, major bourses saw tremendous upside suggesting that the market still has legs. The S&P 500 index has quadrupled from the bear-market bottom of 676.53 hit on Mar 9, 2009 – representing the second-longest and second-strongest bull market in history. The trend is likely to continue into the tenth year as well.
Click here for the full article.
