Discussion in 'ETFs' started by baller1069, Jun 17, 2009.

  1. Why is this down right now like 4% when the market is up?

    This has usually tracked fairly well...

    any thoughts?
  2. l2tradr


    You posted at 1:45 pm today..the TSX was (and closed) down for the day....are you thinking HXD?
  3. nebulous


    HXU is 2x levered to the TSX, which was down over 2% today - it tracks just fine, just have to watch the right market...usually the TSX and US markets correlate pretty well, but not everyday. TSX is dominated by Banks, Oils and Metals with a little RIMM on the side - occasionally this makes it move sharply against the US.