Could Gush Go Back up?

Since then, GUSH is up over 80% and could continue climbing as long as the fundamental backdrop for higher oil prices remain.

Will GUSH come back up?

GUSH: Global Energy's Rebound Likely To Produce Returns In 2021.

Is GUSH a long-term investment?

GUSH should only be used as a short term trading instrument, as it uses derivative instruments to boost the returns of the underlying index. Each day the ETF needs to buy when underlying asset prices go up, and sell when they go down. That means the compounding effects of daily returns work against long-term investors.