Investing - Theory, News & General • Inverse ETFs huge expenses?

If TSLA was at 100 today:
Day 1: up 10%, 100x1.1=110
Day 2: up 10%, 110x1.1=121
Day 3: down 20%, 121x0.8=96.8

If inverse TSLA was at 100 today:
Day 1: down 10%, 100x0.9=90
Day 2: down 10%, 90x0.9=81
Day 3: up 20%, 81x1.2=97.2

Both normal and inverse TSLA down.

Statistics: Posted by sixty40 — Fri Oct 18, 2024 12:16 am — Replies 21 — Views 1294

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