Investment Performance: Why consistency is king, Part 3

If you’ve ever bought a leveraged bull or bear ETF and wondered by you didn’t get the return you thought you would … yep, you guessed it: compounding.
more is not always better
All else being equal, higher volatility of returns means lower compounded returns.

More Is Not Always Better. Less May Be More.

Leveraged bull and bear fund provider Direxion explains:
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