The ProShares UltraPro Short S&P 500 ETF (SPXU) is a leveraged product designed to multiply the inverse returns of the S&P 500 index. This means that for every 1% drop in the S&P 500, SPXU ETF returns SPXU aims to increase by 3%. While this possibility for amplified gains can be attractive for traders seeking limited exposure to market retractions,

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