02-09-2025, 05:23 PM
(This post was last modified: 02-09-2025, 05:24 PM by ken-do-nim.)
I'm holding onto my AAPL and MSFT, though I haven't added to either in a while.
The Technology Select Sector Index, XLK, has a lot of Apple and Microsoft, and neither have done super great in the past year. Here's something interesting:
Past year performance
AAPL: 20.53%
MSFT: -2.57%
XLK: 12.02%
ROM (x2 XLK): 12.69%
TECL (x3 XLK): 7.33%
So interestingly, though the index was up 12% over the past year, the double leveraged version was only slightly higher, and the triple leveraged version was actually significantly lower. So much for my vaunted triple leverage strategy. I'm now incorporating more double leverage in my etfs.
The Technology Select Sector Index, XLK, has a lot of Apple and Microsoft, and neither have done super great in the past year. Here's something interesting:
Past year performance
AAPL: 20.53%
MSFT: -2.57%
XLK: 12.02%
ROM (x2 XLK): 12.69%
TECL (x3 XLK): 7.33%
So interestingly, though the index was up 12% over the past year, the double leveraged version was only slightly higher, and the triple leveraged version was actually significantly lower. So much for my vaunted triple leverage strategy. I'm now incorporating more double leverage in my etfs.