Return stacking strategies and leveraged micro-cap ETFs (like the 2x micro strategy ETF) have grown to massive asset bases despite poor expected returns because they offer expression of retail opinion about which stocks will outperform.

factualpending

Speaker

Matt Ziegler

Evidence Quote

the two times micro strategy ETF...has way more assets than our own at a higher fpr

Source

Passive Investing Has Had a Major Impact on the Market: Here is What It Means for Your PortfolioExcess Returns
Created: 8/11/2026, 7:09:04 AM

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