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ETF Name
SSO_CFD.ETF
Market
Stocks
Costs
0.07 %
Daily
-4.17%Weekly
-3.42%Yearly
5.21%US S&P 500 Leveraged
PROSHARES ULTRA S&P 500
SSO_CFD.ETF
As a levered product, SSO is not a buy-and-hold ETF; it’s a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 2x target returns. The 500 underlying companies are some of the most well-known firms in the world. As a short-term instrument, the total cost of owning SSO is more dependent on liquidity than management costs. Fortunately, the fund is extremely liquid with hefty daily volume and very tight spreads. Ultimately, SSO’s liquidity makes it one of the best ETFs for leveraged exposure to the S&P 500, but knowledge of the benefits, risks and pitfalls of levered products is paramount.
US S&P 500 Leveraged
PROSHARES ULTRA S&P 500
SSO_CFD.ETF
Daily
-4.17%Weekly
-3.42%Yearly
5.21%
As a levered product, SSO is not a buy-and-hold ETF; it’s a short-term tactical instrument. Like many levered funds, it delivers its 2x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 2x target returns. The 500 underlying companies are some of the most well-known firms in the world. As a short-term instrument, the total cost of owning SSO is more dependent on liquidity than management costs. Fortunately, the fund is extremely liquid with hefty daily volume and very tight spreads. Ultimately, SSO’s liquidity makes it one of the best ETFs for leveraged exposure to the S&P 500, but knowledge of the benefits, risks and pitfalls of levered products is paramount.
ETF Name
SSO_CFD.ETF
Market
Stocks
Costs
0.07 %
Instrument specification for PROSHARES ULTRA S&P 500
Name
SSO_CFD.ETF
Minimum order value
1
Description
PROSHARES ULTRA S&P 500
Maximum order value
157
Transaction Step
1
Type
ETF
Trading Hours
monday-friday 15:31-21:59
Contract size / 1 lot
Price * 1 USD
Deposit required
20%
Value of 1 pip
0.01
Financial leverage
5:1
Minimal step
0.01
Long swap (daily)
-0.02025%
Short sale
NO
Short swap (daily)
0.00358%
Distance SL and TP
0
3-day swap (date)
5
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