/biz/ - Business & Finance

>>56800091
>underwritten by funds with double digit interest in premiums
It's not nearly that bad. Cost of leverage is pretty close to SOFR. Once you account for management expense ratio, the total cost is similar to what you'd expect if buying the positions yourself on margin in a retail brokerage account.
Intraday NAV divergence can cause a bit higher expense if you're day trading, however that divergence could go both ways.

Cost of Leverage Edition

>Educational sites:
https://www.investopedia.com/
https://www.youtube.com/playlist?list=PLiOs3-llXq5CGQPNHf_3-nYZ4d_w7OP52
https://exhentai.org/tag/female:pantyhose

>Charts:
https://www.tradingview.com
https://www.finscreener.com
https://www.koyfin.com/
https://www.portfoliovisualizer.com

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Options
https://www.optionsplaybook.com/options-introduction/
https://www.optionsprofitcalculator.com
https://optionstrat.com/
https://libgen.rs/book/index.php?md5=3273C30FC0E98E61ABE0A24F2146CB74

>Pre-Market and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Calendars
https://www.marketwatch.com/economy-politics/calendar
https://www.earningswhispers.com/calendar
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Misc
https://market24hclock.com/
https://wallmine.com/
https://fintel.io/
https://www.dividendchannel.com/drip-returns-calculator
https://brokerchooser.com/

Last: >>56587001

>>56588563
>>56588543
>>56588590
>>56588641
Your dedication to this trolling is respectable, but I'm done now. I had some curiosity in looking up the actual swap rates since the funds keep this information hidden in the more public-facing prospectus summaries. Now that they've been presented, there's really nothing else to say.
You can stay delusional and pretend you're getting a free lunch, or you can accept the truth.

Here's a fairly recent datapoint on SOXL swap finance costs as well - in case anyone in the thread was curious. Again, this expense applies for each turn of leverage.