No, you&#x27;re missing the point.  If my understanding is still current (I suspect it is) these ETFs &quot;decay&quot; over time.<p>Which means you can be &quot;right&quot; but if what you&#x27;re right about doesn&#x27;t happen fast enough, you still lose money.<p>That&#x27;s why people suggest shorting the ETF that is opposite your prediction.