July 30, 2008 at 12:52 PM EDT
Short and Leveraged ETFs Are Beefing Up
Some investors like to say short and ultra short exchange traded funds (ETFs) are similar to steroid use - bulking way up on an unnatural time scale. For instance, the ProShares Ultra Oil and Gas (DIG) beefed up more than 60% through June since its early 2007 inception, only to lose 30% in less than one [...]
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