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Leveraged ETF decay costs have doubled in the last 3 months and the trend is expected to continue. But LETF leakage costs are still very low compared to March 2020. 2x S&P 500 SSO will leak only 1.5% per year relative to holding SPY or VOO. SSO still represents a very inexpensive form of gearing/leverage.
...read full article on Seeking Alpha