KOO Direxion Daily MSCI South Korea Bull 3X Shares Loading... : Bullish and Bearish Analyst Opinions
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09:57
Aug 19
Aug 19
Leveraged 3x ETFs are destructive gambling
Park argues that 3x leveraged ETFs are not investment products but gambling products. He shows that while a 1x semiconductor index ETF made new highs, the 3x semiconductor ETF failed to recover its prior high due to volatility decay, and a Korean 3x leveraged KODEX remained far below its old high even as KOSPI advanced. He says these products should be banned.
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About KOO Analyst Coverage
Buzzberg tracks KOO (Direxion Daily MSCI South Korea Bull 3X Shares) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Past 7 days: 1 watch. Latest voices: Park Se-ik.