SPUU - SSO: Only If The Future Looks Like The Past
2024-07-11 15:04:01 ET
Summary
- The S&P 500 had a stunning year, passive market-cap weighted indexing worked historically well.
- ProShares Ultra S&P500 ETF is a 200% leveraged ETF, and the compounding effects can be significant.
- The SSO ETF offers increased exposure to US large-caps but carries risks including counterparty risk and potential expense ratio impact.
A stunning year for the S&P 500 (SP500). The only way to describe it. Small-caps? Who cares? Passive market-cap weighted indexing has worked in a historic fashion. And for all we know, that could continue. Maybe we are in one of those historic periods where volatility just doesn't want to rise, and we keep making records of new all-time highs getting hit....
SSO: Only If The Future Looks Like The Past