By magnifying the daily returns of technology indices, the leveraged funds highlight the sector's performance
The outstanding performance of the technology sector does not surprise but the focus on distinct industries will magnify the key drivers
Because the funds are tracking the performance of the underlying assets over the very short term (adjusted daily), significant break-out trends of specific industries will be highlighted by selecting short time frames (top right menu box) for 1 month (or less - 2 weeks or even a single week)
As investment vehicles, geared Technology ETFs are ranked 'high risk'
Momentum signals trends of the last 5 days against a 20-day average
Leveraged mega caps such as MicroSectors™ FANG+™ Index 3X Leveraged ETNs
For details on geared mega cap ETNs and ETFs, check the Pinivest screener for providers
- MicroSectors ™
- GraniteShares
- Rex Shares
- Direxion