Inverse Mutual Funds


I’ve read that inverse leveraged etfs have a decay related to their upkeep and this makes them inefficient to hold longer term. My question is, do inverse leveraged Mutual Funds have the same decay risk?
Can’t find this info online since every search spits out pages of “etf” info and I’m interested in Mutual Funds only since that is what my employer plan allows. Thx.


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