[quote=livinincali]UDOW isn’t really designed to be a longer term holding. It’s better for short term trend trades because there’s some built in decay. For example UDOW peaked in May 2015, but the DOW itself recently hit a higher high in Apr 2016. UDOW failed to reach it’s previous peak. You’re probably better off with DIA or an index fund if you’re planing to hold for longer than a month or two.[/quote]

None of the leveraged etfs are for long term holds….