AVOID Conviction3/5 Analysis quality60/100 now
The YouTuber discusses FNGU, a 3x leveraged ETF holding 10 equally weighted top AI stocks, many in the later phases of the AI growth cycle. He highlights its 'bonkers' returns, including a 68% annualized return over 5 years, but strongly cautions about its high risk, high expense ratio, and extremely high beta (3.91), advising investors to dump it quickly before any major market downturn.
“seriously these leverage funds seem Bonkers with their returns but I personally have had a leverage ETF for over a year and has been one of my my best performers over that time you just need to watch out going into any Market correction”