QQQ3 vs TQQQ

٢٢ يناير ٢٠٢١

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?

٢٢ يناير ٢٠٢١

ملاحظة

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

٢٢ يناير ٢٠٢١

ملاحظة

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