Why is this down right now like 4% when the market is up? This has usually tracked fairly well... any thoughts?
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.