Cryptocurrency Q&A
What is daily S&P 500 bear 3x?
What is daily S&P 500 bear 3x?
Valentino
Tue Dec 24 2024
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6
answers
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I'm wondering about a specific financial product or strategy called 'daily S&P 500 bear 3x'. I want to know what it is, how it works, and what its characteristics or risks might be.
6 answers
Michele
Thu Dec 26 2024
The Direxion Daily S&P 500® Bull and Bear 3X Shares aim to deliver daily investment results that correspond to 300% of the S&P 500® Index's performance, before any fees or expenses are taken into account.
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EmmaWatson
Thu Dec 26 2024
Conversely, the Bear 3X Shares strive to achieve 300% of the inverse performance of the S&P 500® Index. This means that if the index declines, the Bear 3X Shares aim to increase in value by three times the percentage of the decline.
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Lorenzo
Wed Dec 25 2024
Similarly, the Bull 3X Shares seek to provide returns that are three times the percentage increase of the S&P 500® Index. Investors should note that these are daily targets and do not represent cumulative performance over longer periods.
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Caterina
Wed Dec 25 2024
It's important to emphasize that there is no guarantee that the funds will meet their stated investment objectives. The actual returns may vary due to various market conditions and factors.
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Giulia
Wed Dec 25 2024
Investors considering these Leveraged ETFs should be aware of the potential for increased volatility and risk. The daily reset nature of these funds can lead to significant swings in value, especially in volatile markets.
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