Leveraged ETF

Reverse Splits: Why Leveraged ETFs All Go to Zero

June 17, 2010

I couldn’t help but notice the press release today on the reverse splits announced for 4 more leveraged ETFs: Direxion Daily Energy Bear 3x Shares (ERY) Direxion Daily Real Estate Bear 3x Shares (DRV) Direxion Daily Small Cap Bear 3x Shares (TZA) Direxion Daily Technology Bear 3x Shares (TYP) Some Details on the Reverse Splits: […]

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