The YouTuber strongly advises avoiding DFEN, a 3x leveraged defense ETF, for long-term investing. He explains that despite the sector being up, DFEN is down due to 'path decay,' a characteristic of leveraged ETFs that reset daily, causing losses over time even if the underlying trend is positive. He states these are designed for short-term traders, not buy-and-hold investors.
“So, don't use leverage defense or leverage ETFs rather for buy and hold investing. They're designed for short-term traders.” — ▶ 38:50