Quick Read FAS uses daily rebalancing to target 3x the Financial Select Sector Index return each trading day. The 8% yield ...
The ProShares Ultra S&P500 ETF is a leveraged ETF targeting twice the S&P 500’s daily return. SSO uses swaps and futures to achieve 2X exposure to U.S. large-cap stocks. Performance soars in sustained ...
This is part 2 of a multi-part series where we deep dive into the nuances of Index Returns. This paper will provide an overview of the mechanisms of equity futures, the purpose of the equity index ...