2x ETFs that were 15-20% down yesterday

Screening Filters

1. Themes: 2x Leveraged

   • Purpose: Identify ETFs that are designed to deliver approximately 2x the daily performance of an underlying index or asset.
   • Rationale: The user specifically asked for 2x leveraged ETFs, so this theme directly targets the correct product type. This filter removes regular stocks and non-leveraged funds, narrowing the search to the leveraged ETF universe.

2. Price Change %: -20 to -15

   • Purpose: Find securities that declined between 15% and 20% in the selected trading session.
   • Rationale: The user asked for ETFs that were down 15–20% yesterday. This price-change range is the right way to capture that move. It selects ETFs whose daily performance fell within that band, which is especially relevant for leveraged ETFs because they can experience larger-than-normal swings.

Why the Filters Work Together

• The theme filter ensures we are only looking at 2x leveraged ETFs, matching the instrument the user wants.
• The price change filter ensures those ETFs were down 15–20% in the last session, matching the performance criterion.
• Combined, the filters focus on the exact intersection of:
  1. ETF structure: 2x leveraged
  2. Recent move: down 15–20% yesterday

Do the Filters Match the Request?

• Yes, generally: these filters are aligned with the user’s request.
• The one caveat is that the system may not support a dedicated “yesterday” field specifically. Instead, the price_change_pct filter is effectively used to capture the most recent trading session’s move, which is the practical equivalent of “yesterday” in screening.

Why These Filters Are Appropriate

• They exclude unrelated securities and focus on the exact leveraged ETF category.
• They isolate the requested range of daily weakness, which is the key performance screen.
• Together, they are an efficient way to find 2x leveraged ETFs that had a sharp one-day decline in the 15–20% range.