are there alternatives to ultra etfs for achieving leveraged exposure in the market 
yes there are alternatives to ultra etfs for achieving leveraged exposure these alternatives include options contracts leveraged mutual funds and leveraged index funds the bottom lineultra etfs also known as leveraged etfs are specialized exchange traded funds designed to provide amplified exposure to an underlying index or asset class they achieve this leverage through the use of financial derivatives allowing them to aim for double or triple the daily returns of the underlying benchmark note that ultra etfs are generally more suitable for short term investments and most often not deployed in long term hold strategies 