Leverage ladderDid each fund deliver its multiple?

3× Financials delivered 1.3× in a year

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One index, 5 rungs3× Financials delivered 1.3× in a yearLast 12 monthsAs of Nov 6, 2026What the fund returnedIts multiple × XLF3×FAS+13.8%3× XLF would be +31.2%17.4 points short2×UYG+12.5%2× XLF would be +20.8%8.3 points short1×XLF+10.4%the plain fund itself−2×SKF−15.3%−2× XLF would be −20.8%lost 5.5 points less−3×FAZ−24.8%−3× XLF would be −31.2%lost 6.4 points lessETFETF Tracker@TheETFTracker · theetftracker.comOutline = the multiple × XLF, the plain fund

Outline = the multiple × XLF, the plain fund

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