In 5X Single-Stock ETF, the daily gain or loss of a stock is amplified 5 times. Presently there is already 2X and 3X leveraged ETFs in the market and some are hugely popular. The launch of 5X shows that traders nowadays have bigger appetite for higher risk and quick gain/loss. While 5X can really boost gain and looks super desirable, it could also send a lossing stock straight to the devil’s dent. For example, a 2% drop in BTC or ETH would wipe out 10% of an investor’s exposure in a single day. For AMD 5x ETFs, it would be liquidated in last week’s move. These 5X are definitely only for professional daily traders and not for long term investors. Thanks @Tiger_comments @TigerStars @Tiger_SG @Tiger_chat @MillionaireTiger @TigerClub Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
