Australia's largest stock trading and investment forum Australia's #1 stock forum

SP500 standard & poor's 500

0.58%

2,958.8

Over the past year, I would say LNAS are the...

First 14524 Last

Share
Profile

Follow
breadwinner1

665 Posts.

94

11/03/25

15:43

Post #: 78219154
Share

Originally posted by Tarvold: ↑

The leverage only works for period where the market goes in a constant direction or over a short period of time.
The more swings you get going up & down i.e a sideways market the more erosion you get.

I held LNAS over a 22 month period when the NASDAQ went up 51.9% & LNAS went up 73.6% over the same period, that's only a leverage of 126%.
But for each of those individual days the movement would have been say +225% on a positive day & probably -250% on a negative day.

So the lesson from all this is only hold leveraged ETFs for a very short period of time, it's not a matter of losing a few % each year to mngt fees.
None of this is unique to SNAS/LNAS.

Expand

Over the past year, I would say LNAS are the underperformer.
Obviously the recent tumble helping SNAS massively.

Value at posting: 2,958.8
Upvote

Reply

Top Stories

AII

New Analyst Report Lifts Almonty Target Price to CDN$5.50

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

MEG

Iberian expansion: Megado turns to Europe with Spanish copper mines

Zip's stunning comeback: Is this the start of a $14 revival?

CUV

Clinuvel shares dip, even as CEO comes back from temp leave

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

ASX Market Open: 'Soft' US inflation a good thing for Oz Friday trade | June 13, 2025

ASX

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

RML

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

First 14524 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 2,958.8		Change 17.070(0.58%)		Mkt cap ! n/a

Open	High	Low
2,958.8	0.00	0.00

Over the past year, I would say LNAS are the...

New Analyst Report Lifts Almonty Target Price to CDN$5.50

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

Iberian expansion: Megado turns to Europe with Spanish copper mines

Zip's stunning comeback: Is this the start of a $14 revival?

Clinuvel shares dip, even as CEO comes back from temp leave

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

ASX Market Open: 'Soft' US inflation a good thing for Oz Friday trade | June 13, 2025

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

Featured News

Featured News

Over the past year, I would say LNAS are the...

Top Stories

New Analyst Report Lifts Almonty Target Price to CDN$5.50

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

Iberian expansion: Megado turns to Europe with Spanish copper mines

Zip's stunning comeback: Is this the start of a $14 revival?

Clinuvel shares dip, even as CEO comes back from temp leave

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

ASX Market Open: 'Soft' US inflation a good thing for Oz Friday trade | June 13, 2025

ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

Featured News

Featured News