DGLD - Long-Term Drifts Of Leveraged ETFs
I publish once a month the drifts of major leveraged ETFs on a trailing month and year. After the last issue, a reader asked if I could write a post on long-term drifts. Here it is, with calculations on 3 and 7 years. Only the biotechnology ETFs have disappeared from my usual list in a 7-year look-back. This may be useful for anyone using leveraged ETFs for investing, trading or hedging. Most of leveraged ETFs drifts are due to beta-slippage. Many investors assume the drift is always negative and think leveraged ETFs are