QQQ3 vs TQQQ

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

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⋅ Jan 22, 2021 5:33 PM

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?

Comment

⋅ Jan 22, 2021 5:54 PM

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

Comment

⋅ Jan 22, 2021 6:02 PM

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

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