PSA in a tax advantaged account DXSLX is the better instrument

Investor summaryBullish

DXSLX is a superior leveraged ETF for tax-advantaged accounts as its monthly reset causes leverage to drift higher during rallies.

Bull points

The 1.75x leverage is misleading as it drifts much higher during market run-ups due to the monthly reset.
It is a superior instrument when held in a tax-advantaged account.

Post body

https://testfol.io/?s=g3hbfnKrhjU

I don't know why it doesn't get love here. The 1.75x is misleading. With the monthly reset the leverage drifts much higher in run ups.

Discussion · top comments

No comment snapshot fetched for this post yet.