Where can I find charts using total return? Looking for something that can show price vs simple moving average.
All the charts I find are based on price return.
I get this and I think many people do. The fact that it is tracking on a daily basis doesn't mean you're going to have no returns or decay to 0, it just means you probably won't get the 3x returns. You might get a 2.5x the return with 3.5x the volatility. Even considering that the 3x ETF is...
WHile we can't be certain of anything there is a high probability of the SP500 appreciating in the long run... so why not hold spxl? Volatility will be nasty, but if you're going to buy and hold, why not buy and hold?