FYI: Although the usual caveat of leveraged ETFs not being buy and hold instruments certainly applies to CURE, the ETF’s one-year gain of 87% is hard to ignore. Due to the effects of daily rebalancing, some leveraged ETFs are famous for significantly lagging their underlying indexes and their non-leveraged equivalents. That has not been the case with CURE. Over the past year, XLV is up 25%, meaning CURE has actually better than triple the returns of its non-leveraged counterpart. [Anonymous Leveraged Health Care ETFs]
Regards,
Ted
http://www.etftrends.com/2015/02/a-cure-for-the-ordinary-health-care-etf/M* Snapshot Of CURE:
http://etfs.morningstar.com/quote?t=CURE®ion=usa&culture=en-US