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How do the UltraShort ETFs pull off within -200% return?

ETFs pull Return ultrashort
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How do the UltraShort ETFs pull off within -200% return?

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there are ultrashort ETFs which unsophisticatedly achieve a distrustful 200% return (so if the IWM goes up 1% TWM go down 2% and vice versa) … What are the underlying mechanics of how this…

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