Promise vs deliveredDo I still get 3× after one day?

TECL's 3× came out at 2.1× a year since 2008

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What 3× a day adds up toTECL's 3× came out at 2.1× a year since 2008Fund ÷ index returnAs of Nov 4, 20261×2×3×The promise: 3× the index, every day1× = no better than the plain index1 day1 week1 month1 yearSince 2008Daily closes, Sep 2023 to Nov 2026Weekly closes since Dec 20082.97×3.0×3.14×2.61×2.11×Held since Dec 2008, average year43.8%TECL20.8%XLK2.11×promised 3×ETFETF Tracker@TheETFTracker · theetftracker.comMultiple = fund return ÷ index return over each holding time

Multiple = fund return ÷ index return over each holding time

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What 3× a day adds up toTECL's 3× came out at 2.1× a year since 2008Fund ÷ index returnAs of Nov 4, 20261×2×3×The promise: 3× the index, every day1× = no better than the plain index1 day1 week1 month1 yearSince 2008Daily closes, Sep 2023 to Nov 2026Weekly closes since Dec 20082.97×3.0×3.14×2.61×2.11×Held since Dec 2008, average year43.8%TECL20.8%XLK2.11×promised 3×ETFETF Tracker@TheETFTracker · theetftracker.comMultiple = fund return ÷ index return over each holding timeSquareSelected720 × 720What 3× a day adds up toTECL's 3× came out at 2.1× a year since 2008Fund ÷ index returnAs of Nov 4, 20261×2×3×The promise: 3× the index, every day1× = no better than the plain index1 day1 week1 month1 yearSince 2008Daily closes, Sep 2023 to Nov 2026Weekly closes since Dec 20082.97×3.0×3.14×2.61×2.11×Held since Dec 2008, average year43.8%TECL20.8%XLK2.11×promised 3×ETFETF Tracker@TheETFTracker · theetftracker.comMultiple = fund return ÷ index return over each holding timeTall720 × 900What 3× a day adds up toTECL's 3× came out at 2.1× a year since 2008Fund ÷ index returnAs of Nov 4, 20261×2×3×The promise: 3× the index, every day1× = no better than the plain index1 day1 week1 month1 yearSince 2008Daily closes, Sep 2023 to Nov 2026Weekly closes since Dec 20082.97×3.0×3.14×2.61×2.11×TECL since Dec 20082.11×promised 3×TECLaverage year43.8%XLKaverage year20.8%3× each day did not add up to 3×over 18 years.ETFETF Tracker@TheETFTracker · theetftracker.comMultiple = fund return ÷ index return over each holding timeWide960 × 540

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