Here’s a great example of how corrosive leveraged funds can be. Below is a percentage comparison chart of MSTR, a strong performer, and MSTX, its double-bullish equivalent. Is MSTX up twice as much as MSTR? Of course not! Indeed, it’s about HALF the performance. As a day trade instrument, it can be interesting, but over a span of even a few weeks, these leveraged funds will probably be much worse off than their underlying instruments.
