Four “ultra” ProFunds exchange-traded funds, which aim to produce 200% of their stock benchmarks, paid out capital gains distributions of $3.80 to $6.80 a share last week, The Wall Street Journal reports.

While it may seem that those gains are cause for celebration, they will cost investors hefty tax bills, and they are unusual for ETFs. In addition, because these are short-term capital gains, investors will have to pay taxes at the rate of ordinary income, whereas long-term capital gains are taxed at a rate of 15%. On top of this, investors will also have to pay taxes on the ETFs’ dividends.

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