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Leveraged ETFs: Are They Right for You? (SSO, DDM)

·5 min read
Leveraged ETFs: Are They Right for You? (SSO, DDM)

The appeal of exchange traded funds (ETFs) is simple: They mix the diversification benefits of mutual funds, though some are concentrated, with the ability to trade on an intraday basis. There are now thousands of ETFs to choose from and more are being added on a regular basis. For example, a leveraged ETF may attempt to double the return of an index on a daily basis.