system
A chat on subreddit /r/wallstreetbets
human
Show me your math.  Risk adjusted return for 2008 of sso vs spy was -.87 vs -.85.  So 2008 volatility had a .02 impact on returns.

gpt
Compare the 1 year chart of SPY and SPXL. If you had 1MM and bought $3MM of SPY vs $1MM of SPXL, your returns would be 42% vs 37%* typo