10X S&P 500 ETF (2024)

FAQs

Is there a triple leveraged S&P 500 ETF? ›

An ETF that is leveraged 3x seeks to return three times the return of the index or other benchmark that it tracks. A 3x S&P 500 index ETF, for instance, would return +3% if the S&P rose by 1%.

It is called the MAX S&P 500 4X Leveraged Exchange Traded Note , and it will offer investors daily returns four times that of the S&P 500 Total Return Index. The fund's sponsor, Max ETNs, already offers four other leveraged ETNs offering 3X exposure to the airline and auto industries.

Is SPLG a Buy, Sell or Hold? SPLG has a consensus rating of Moderate Buy which is based on 406 buy ratings, 91 hold ratings and 8 sell ratings.

A triple-leveraged ETF tracking the same index would fall by 60% on the first day (now $40), rise by 60% on the second day (now $64), and drop by 75% on the third day (now $16). This translates to a three-day loss of 84%, which is exactly three times the loss of the index.

The volatility drag of leveraged ETFs means that losses in the ETF can be magnified over time and they are not suitable for long-term investments. Investors should carefully consider the risks and costs associated with leveraged ETFs before investing in them.

Vanguard S&P offers a lower expense ratio (0.035%) than SPY (0.095%), which means lower costs for investors and potentially higher net returns over the long term. VOO might be the more economical choice for cost-conscious investors, especially those investing large sums or planning for long-term goals like retirement.

Most Liquid S&P 500 ETF: SPDR S&P 500 ETF (SPY)

Liquidity indicates how easy it is to buy or sell an ETF, with higher liquidity generally translating to lower trading costs.

When was SPY created? SPY was created on January 22, 1993. It was the first US ETF to be listed on a national stock exchange, and it remains the most widely traded ETF in the world.

You only need one S&P 500 ETF

All three of the ETFs listed here have lower-than-average expense ratios and offer an easy way to buy a slice of the U.S. stock market. You could be tempted to buy all three ETFs, but just one will do the trick.

Can the S&P 500 go to zero? ›

Can an S&P 500 index fund investor lose all their money? Anything is possible, of course, but it's highly unlikely. For an S&P 500 investor to lose all of their money, every stock in the 500 company index would have to crash to zero.

The SPDR S&P 500 ETF Trust (SPY), also known as SPY, is an exchange-traded fund that tracks the performance of the S&P 500 index. The S&P 500 is a stock market index that measures the performance of 500 large cap publicly traded companies in the United States.

Both SPY and SPLG trade, on average, with a $0.01 wide bid-ask spread. However, SPY's higher share price means its spread is narrower in percentage terms versus SPLG, making trading more cost efficient in terms of basis points (0.002% for SPY and 0.0164% for SPLG).

They all track the same index, have similar holdings, and largely similar returns. The primary difference between SPY, VOO, IVV, and SPLG is their cost. SPLG has the lowest cost at 0.02%, followed by VOO and IVV at 0.03%, and SPY at 0.09%.

SPLG has a dividend yield of 1.29% and paid $0.82 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 18, 2024.

The ProShares UltraPro Short QQQ (SQQQ) is a 3x leveraged inverse ETF that tracks the Nasdaq 100. It seeks to return the exact results of the Nasdaq 100 index times negative three. This ETF follows the Nasdaq 100, which is heavily weighted toward technology and telecommunications stocks.

About Direxion Daily S&P 500® Bear 3X ETF

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® Index.

Aim: WisdomTree S&P 500 3x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged short exposure to the S&P 500.

The Leverage Shares 5x Long US Tech 100 ETP Securities is designed to provide 5x the daily return of Invesco QQQ Trust (QQQ) stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock.