fool.com·Apr 12, 2026
Investing in the S&P 500 index can help long-term investors build wealth with an average annual return of about 10%. For those looking to achieve millionaire status more quickly, using a leveraged ETF like ProShares Ultra S&P 500 can potentially double daily performance returns.
For a more aggressive wealth-building strategy, consider leveraging the ProShares Ultra S&P 500 ETF (SSO). This ETF aims to deliver twice the daily performance of the S&P 500, potentially accelerating your path to millionaire status compared to traditional index investments. However, be mindful of the increased risk associated with leveraged ETFs.