Alternate for UBT

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  • #79599
    Nelson Brady
    Participant

    I assume it would already be the choice if it existed but is there anything close to UBT in performance but with higher volume? Or some way of mimicking it such as X shares of UBT is roughly equivalent to Y shares of ABC and Z shares of DEF?

    #79608
    Alexander Horn
    Keymaster

    Hi Nelson,

    there is no better alternative to UBT as a 2x leveraged ETF. But if you can use account margin then just buy 2 times the USD amount of TLT, which is by far the most liquid with close to 9 million shares a day and 20b USD AUM.

    In general terms, if you can use account margin that’s always better than buying leveraged ETF. Due to the way they are constructed you are in risk of lagging in performance.

    #79609
    Nelson Brady
    Participant

    Just the answer I was looking for, thanks.

    What are the less leveraged (2X) or no leverage versions of SPXL and TMF?

    Some tradeoff against the cost of margin and of course the need to avoid those pesky margin calls.

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