Leverage ladderDid each fund deliver its multiple?

3× Financials delivered 1.5× in a year

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One index, 5 rungs3× Financials delivered 1.5× in a yearLast 12 monthsAs of Nov 4, 2026What the fund returnedIts multiple × XLF3×FAS+16.0%3× XLF: +32.8%16.8 short2×UYG+14.0%2× XLF: +21.9%7.9 short1×XLF+10.9%the plain fund itself−2×SKF−15.3%−2× XLF: −21.9%6.6 less lost−3×FAZ−25.1%−3× XLF: −32.8%7.8 less lostETFETF Tracker@TheETFTracker · theetftracker.comOutline = the multiple × XLF, the plain fund

Outline = the multiple × XLF, the plain fund

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