Ultra ETF Definition:
Meaning of Ultra ETF: Ultra ETFs are a class of exchange traded funds (ETFs) that achieve double the performance of a set benchmark using leverage. The first Ultra ETF emerged in 2006 and expanded to include a wide range of ETFs in the classroom, ranging from core market indexes such as the S&P 500 and Russell 2000 to specific sectors such as technology, healthcare. And commodities.
Literal Meanings of Ultra ETF
Meanings of Ultra:
Abbreviation for Ultra Marathon.
Synonyms of Ultra
rebel, subversive, zealot, revolutionary, fanatic, militant, diehard, radical, extremist
Meanings of ETF:
Abbreviation of registered fund.
Sentences of ETF
Investment in ETFs does not decrease.