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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| ERY | -3.68% | -95.37% | -45.91% | -100% |
| S&P | +14.49% | +91.09% | +13.83% | +657% |
The investment seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index.
Reverse splits of leveraged ETFs perpetuate the illusion that they're good long-term investments.
Nearly a dozen funds lost half their value in 2010. What to learn from their mistakes.
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