Leveraged ETF pitfall (from MorningStar)

Reading Time: < 1 minute (Update Mar07, 2009) I found a good example on performance comparison of regular ETF vs. leveraged ETF. In the past year, the finanicals ETF XLF lost about 75%, while the ultra financial proshares UYG (2 times bull) lost 95%. You can use google finance to draw the comparison. MorningStar link here.