Leveraged exchange-traded funds, which employ derivatives to generate a multiple of a reference asset’s daily return, have ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

SOXL’s 3x leverage and semiconductor sector focus create far higher risk and volatility than SSO’s broad 2x S&P 500 exposure. SOXL offers a lower expense ratio, but it's suffered a much deeper 5-year ...