Money

Levered ETF/ETN tool

Use this tool to estimate how much a levered fund would need to buy or sell to maintain its mandated levered exposure. You should make a copy of the sheet for your own use.

A few points to consider:

  • AUM changes faster than the position size by the amount of the leverage factor
  • Inverse funds require 2x the adjustment of their long counterparts! So a levered inverse SPY fund would require 2x the adjustment of a levered long SPY fund.
  • For more detailed explanation of why funds must adjust their positions see my explanation of shorting.

Preview below:


If you use options to hedge or invest, check out the moontower.ai option trading analytics platform

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