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URL:  https://boards.fool.com/upro-you39re-kidding-right-quotupro-34110377.aspx

Subject:  Re: If You Could Have Only 5 Holding ... Date:  1/15/2019  12:42 PM
Author:  hk2 Number:  273106 of 277846

UPRO

You're kidding, right?

"UPRO provides 3x leveraged daily exposure to a market-cap-weighted index...
...
As a leveraged product, UPRO is not a buy-and-hold ETF; it’s a short-term tactical instrument. Like many leveraged funds, it delivers its 3x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 3x exposure to the S&P 500."





Might be worth a if in an extended bull from a 2009 valuation level.

Just giving it an eyeball on StockCharts, looks like it opened around 2.5 in Jun 2009 and now it is 38.8
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