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ProShares Ultra Financials (UYG)

ProShares185Financials are in great shape with few headwinds right now, so if I’m feeling bullish, why not go as bullish as possible?

ProShares Ultra Financials (UYG) aims to for returns that correspond to twice the daily performance of the Dow Jones U.S. FinancialsSM Index, which includes large financials such as Wells Fargo (WFC) and JPMorgan (JPM), as well as credit card stocks like Visa (V) and American Express (AXP).

The fund fee is a pricey 0.95%, but that’s because it leverages returns by using swaps traded through major multinational financials.

Article printed from InvestorPlace Media,

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