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Investments glossary

Ultra ETF


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Quotes of the day:

Truth may be stretched, but cannot be broken, and always gets above falsehood, as does oil above water.

— Miguel Cerbantes

Ultra ETFs are a class of exchange-traded fund (ETF) that employs leverage in an effort to achieve double the return of a set benchmark. The first ultra ETFs appeared in 2006 and the class has grown to include different ETFs with underlying benchmarks ranging from broad market indexes, such as the S&P 500 and Russell 2000, to specific sectors, such as technology, healthcare and basic materials.

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