This is very informative for all you need to know about geared...

This is very informative for all you need to know about geared ETFS.
Performance of an ungeared ASX 200 ETF over 5 years ASX:A200

An exact match.

Performance of a 50-65% geared ASX 200 ETF over 5 years ASX:GEAR

Varied over time but has exactly matched the ungeared ETF over the period

Performance of a short ungeared ASX ETF over 5 years ASX:BEAR

Not only is it the inverse of the ASX but by over 150% despite being ungeared.


Sorry the moral of the story geared ETFs aren't worth holding in the long term either long or short.

In addition to that shorting the market long term is just throwing money away.