Investing Port

This ETF offers 2x daily long leverage to the Dow Jones U.S. Financials Index, making it a powerful tool for investors with a bullish short-term outlook for financial equities. Investors should note that UYG's leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. UYG can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.