Unless there are issues with listing requirements, you can't be sure when a leveraged ETF will split or reverse split. However, companies that offer leveraged ETFs typically do so in both directions. When the prices of the bull and bear ETFs get too far apart—such as a bull ETF trading above $100 while its corresponding bear ETF trades around $10—it might be reasonable to start to expect a split or reverse split to bring the two products closer in price.