The ProShares Ultra S&P500 ETF (SSO) provides 2X leverage on the S&P 500, making it a popular choice for swing traders seeking amplified exposure. However, this leverage also causes long-term decay, primarily due to beta-slippage and market volatility, which results in a marginally negative drift over one-month and one-year periods. While SSO has outperformed the SPY ETF in terms of long-term annualized returns, it underperforms on a risk-adjusted basis because of its higher volatility and negative drift. Therefore, SSO is best suited for active traders and tactical allocations rather than long-term investors, who may suffer from persistent value erosion, especially in volatile markets.
In a volatile market influenced by the Fed, geopolitical events, and economic uncertainty, high-dividend closed-end funds (CEFs) like Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) and DoubleLine Yield Opportunities Fund (DLY) present attractive opport...
The Columbia Seligman Premium Technology Growth (STK) closed-end fund is trading at its widest discount to net asset value in over ten years, currently 7.9%, driven by recent tech sector volatility and profit-taking. Despite a market pause since mid-...
Risk asset markets are currently supported by strong fiscal flows, including a private sector surplus exceeding $112 billion in June and significant Treasury injections. This fiscal strength is expected to sustain momentum in the S&P 500 through mid-...
The SCHD ETF has returned just under 2% in the past month, outperforming the S&P 500 ETF (SPY) by nearly 1%. Year-to-date, about 30 SCHD holdings have more than doubled the returns of SPY, which has returned 9.8%. Additionally, 31 SCHD holdings are t...
As of July 13, 2026, five of nine major global indexes are positive year-to-date, led by Japan's Nikkei 225 with a 33.6% gain. Canada's TSX and the U.S. S&P 500 also show strong gains, while India's BSE SENSEX is down 8.9%, the worst performer among ...
