ProShares Ultra Semiconductors etf (USD) - Highest performing 1X margin based leveraged equities etf for last 3, 5, 10, 15, 20 years period

After good success of my last 5 year's experiment with chip sector's SOXX with disciplined buying low and waiting and prime harvesting strategy, finally I have decided to experiment with ProShares Ultra Semiconductors etf (USD) too for smaller 8% of my portfolio in my wife's Roth.

ProShares has managed to negotiate a very low margin borrowing cost for USD etf of just Prime minus 1.5% (cheaper than my heloc) for it's 1X margin loan. 

Also, in spite of less risky double leverage, it has managed to outperform triple leveraged chips etfs such as SOXL for last 3, 5, 10, 15, 20 years period. 

One might lose 80% of one's money in next chips market crash. However, if one is brave hearted and doesn't panic sell, 10K invested in USD ETF on inception in 2007 would be over million dollars (1.22 millions as per Gemini) now.

In spite of losing 80% in 2008 great recession, it has produced amazing 30% annual return in last 20 years. Once we exclude great financial crisis years, it produced 43% annually in last 15 years. 

I believe that if I incrementally buy it only on dip and then wait patiently for incremental prime harvesting, I would have better chance of avoiding oversized losses during possible severe crash of chip sector in near future and eventually perform even better than it's future linear total return.

That's why I am limiting my exposure to leveraged etfs like USD to single digit percentage of my portfolio. This would allow me to keep buying on loss (proverbial catching falling knife) as it nose dives by say 80% and still sleep nicely with very little pain of loss and then stay invested for future full recovery.

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