Why Volatility Can Be a Drag for Investors
May 12, 2016 at 08:00 AM EDT
Read the fine print of the disclosures of a leveraged exchange traded fund (ETF) and you’ll probably come across something like the following: “This leveraged ETF seeks a return that is +200% or -200% of the return of its benchmark index for a single day. The TF should not be expected to provide...