In our Levered ETF series where we discuss trading 2 and 3X ETFs, there will be overlapping symbols like with SPXL or UPRO. Both of these 3X ETFs track the S&P500, trying to accomplish a 3X return of SPY. There are two different companies running these ETFs. There's the Direxion SPXL and the ProShares UPRO. In this short video, we analyze which one is best: SPXL or UPRO and give our findings at the end.
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