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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| FXP | -54.42% | -71.52% | -22.21% | -100% |
| S&P | +14.49% | +91.09% | +13.83% | +365% |
The investment seeks daily investment results before fees and expenses that correspond to twice the inverse (-2x) of the daily performance of the index.
Leveraged ETFs are great for traders, but far too many long-term retail investors have gotten burned by these funds.
Like the smart hedge-fund operators, these CAPS investors bet against a stock -- and won big!
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