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The SSO behaved pretty well and was down about 60%, as you would expect.
FORBES: Why Leveraged ETFs Don't Always Boost Returns
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If the SSO had worked, you would expect a 3.6% return.
FORBES: Why Leveraged ETFs Don't Always Boost Returns
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An unaware investor would think the SSO should be down 0.5%.
FORBES: Why Leveraged ETFs Don't Always Boost Returns
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It uses the same standard protocols (such as OAuth) as its social SSO relatives, but instead of posting meals or books to your feed it sends payment information to shops through a secure channel.
ENGADGET
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Among the largest underlying components of SSO, in trading today Accenture plc ( NYSE: ACN) is off about 1%, Advanced Micro Devices, Inc. ( NYSE: AMD) is off about 2.4%, and AES Corp. ( NYSE: AES) is lower by about 0.5%.
FORBES: SSO, ACN, AMD, AES: Large Outflows Detected at ETF