SPXS And SDS Drifts Compared, And Leveraged ETFs Dashboard (NYSEARCA:SPXS)
hatman12 Direxion Daily S&P 500 Bear 3X Shares ETF (NYSEARCA:SPXS) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime. This article explains what “drift”…