|Bid||41.53 x 900|
|Ask||41.54 x 1000|
|Day's Range||41.28 - 41.68|
|52 Week Range||25.38 - 58.30|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||64.28%|
|Beta (5Y Monthly)||9.81|
|Expense Ratio (net)||1.05%|
UPRO (UPRO) is the ProShares UltraPro S&P 500 exchange-traded fund, a high-octane fund that aims to do three times the return of the S&P 500 index every single day. TMF (TMF) — Direxion Daily 20+ Year Treasury Bull 3x Shares—aims to do the same thing with long-term Treasury bonds. After all, if it’s a good idea to invest in a simple portfolio of stocks and bonds, goes the question, why isn’t it three times as good to invest in levered “3x” funds that get you the same stocks and bonds with three times the return?
The S&P 500® is coming off one of the best years it’s seen in decades, the Dow Jones Industrial Average is knocking on the door of 30,000 after only 2 years in the 20,000 range and traders are unsure whether the party’s ever going to end.
Wednesday’s trading session saw yields climb after the Bureau of Labor Statistics said producer price inflation during the month of January was better than expected. Headline inflation climbed 0.5% month ...