SPUU ETF

The S&P 500 relies heavily on its top 10 companies, and with five of them reporting results this week, it has increased investor confidence. The put/call ratio of 1.43x is lower than the historical average, suggesting strong market optimism, which is good for short-term investments. Although leveraged ETFs come with risks, the chance for a 24% increase makes this a tempting option for bold investors.

Leveraged ETFs have an unpredictable, path-dependent drift. This article series reports a monthly drift dashboard with 22 of them. Leveraged ETFs in semiconductors show the largest decay in July.

Leveraged ETFs exhibit a drift that is dependent on their path. A dashboard featuring 22 leveraged ETFs is available. The greatest drifts are seen in leveraged ETFs focused on semiconductors, biotechnology, and silver. The Direxion Daily S&P 500® Bull 2X Shares ETF has experienced decay and a worsening drift in recent times.

The S&P 500 Index closed above 5,200 for the first time ever, following the Fed's signal to cut interest rates. This will mark the end of the most aggressive Fed hiking cycle and fuel corporate profits.

Leveraged ETFs often underperform their underlying index due to beta-slippage, roll yield, tracking errors, and management costs. A drift dashboard with 22 of them. Leveraged ETFs in semiconductors show large drifts.