Using percentage is correct but only for daily trading.These etfs never follow their own rules when it comes to price action over a period of time.So I try to use price movement comparisons as a better gauge over long periods of time.TQQQ has more than doubled since July but SQQQ isn't at zero.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.