QLD returns of 4,279.2% beat QQQ returns of 1,209.8% or nearly 4 to 1 since the fund opened in 2006. TQQQ returns of 13,783.5% beat QQQ returns of 1,026.4% or 13 to 1 since it opened in 2010. If decay was real wouldn't you expect worse results from the LETFs? I contend that what many call decay is just the math behind daily rebalancing. It works both on the way up and on the way down. I guess you could say that the high expense ratios cause a bit of a decay but that's about it.
How can you explain these outsized returns over many years if decay did exist?
Submitted February 09, 2024 at 01:53AM by donnie1977 https://ift.tt/xGM3ylg
