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Suppose a leveraged ETF has a multiple of 2 with respect to the daily change of the Dow Jones Industrial Average ( DIJA ) .
Suppose a leveraged ETF has a multiple of with respect to the daily change of the Dow Jones Industrial Average DIJA
If the DIJA falls by for the day, the leveraged ETF will seek to by
for that same day.
When its index is down, a corresponding short ETF seeks to be
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