QQQ3 vs TQQQ
Updated
What is going on with these?
Theoretically, they are supposed to do the same thing, that is to triple leverage the Nasdaq (QQQ).
Can anybody tell me why in November QQQ3 tanked?
Theoretically, they are supposed to do the same thing, that is to triple leverage the Nasdaq (QQQ).
Can anybody tell me why in November QQQ3 tanked?
Note
looks like I may have found the answer of my own question. I found an article exclaiming there was a 30/1 shares split executed on November 9th.wallstreet-online.de/nachricht/13132530-splits-of-the-collateralised-etp-securities-of-the-following-classes-wisdomtree-nasdaq-100-3x-daily-leveraged
Note
Yes, it all looks in order. There after it follows the TQQQ pretty well
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