Examining its 3x Leveraged Returns in the S&P 500
The UPRO ETF provides individuals with a method to amplify their participation to the gains of the S&P 500 index. This is achieved through a three-times magnified approach, meaning that for every 1% increase in the S&P 500, UPRO aims to deliver a 3% return. While this can potentially lead significant returns, it's crucial to understand the inherent