QQQ3 vs TQQQ

WISDOMTREE MULTI ASSET ISSUER PLC NASDAQ 100 3X DAILY LEV ETF USDLSE

Beskrivning

⋅ 22 jan 2021 17:33

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?

Kommentera

⋅ 22 jan 2021 17:54

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

Kommentera

⋅ 22 jan 2021 18:02

Yes, it all looks in order. There after it follows the TQQQ pretty well

Fundamental Analysis

Mer