Are Leveraged ETFs Right for Your Portfolio? QLD's Tech Bet vs. SSO's Higher Dividend.
The Motley Fool
The article compares two leveraged ETFs: ProShares Ultra QQQ (QLD) and ProShares Ultra S&P 500 (SSO). Both aim to double daily index returns, but QLD focuses on tech-heavy Nasdaq-100 with higher volatility and fees, while SSO offers broader S&P 500 exposure with lower costs and higher dividends. The article cautions that leveraged ETFs are better suited for tactical traders than long-term investors due to daily leverage resets and amplified downside risk.
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