This new ETF is closing. That was a quick end. Lives up to its symbol name NOPE. NOPE ETF has dropped 59% since its September debut. In the mean time, S&P 500 rose 23% Nasdaq 100 jumped some 36%. I would like to hear from the fund manager what lessons he has learnt from this debacle. He has decades of experience in money management. https://www.bloomberg.com/news/arti...george-noble-shutters-new-etf-after-59-plunge
Just bad timing. Created a 250% short ETF right at the bottom. If it had been rolled out in mid November 2021 NOPE would have been the ARKK of shorts.