It depends a lot on the period (and I think you didn't include dividends?). 1 ye... | Hacker News

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		kgwgk on Jan 31, 2021 \| parent \| context \| favorite \| on: Offline Algorithms in Low-Frequency Trading It depends a lot on the period (and I think you didn't include dividends?). `1 year: SPY +15% - UPRO +2% 3 years: SPY +37% - UPRO +33% 5 years: SPY +110% - UPRO +325%` Since 2016 is in line with the x3 promise. Since 2018 or 2020 definitely not.

slashdev on Jan 31, 2021 [–]

Good catch, I forgot dividends.

Interesting that the last year performance was so bad - I think that stock market drop back in March and the general volatility / reshuffling since then must have hurt the leveraged strategy.

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