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Gnothisafton

Why SQQQ is in new lows while IXCI isn't in new highs?

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Nasdaq Composite Index (NASDAQ:IXIC)  
Gnothisafton  
NASDAQ:IXIC   Nasdaq Composite Index
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Can somebody explain to me, why SQQQ is in new lows while the underlying index IXIC must rise 21.5% to reach his highs again (SQQQ highs and IXCI lows happened the same day - 19 Feb 20)? Shouldn’t SQQQ track IXCI exactly 3X all the time?
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