Leveraged DDM underperformed DJIA today?

[a529612]

Why is x2 leveraged DDM only up 0.6% today while the DJIA is up 0.7%?

 

[rc5781]

no wonder i don't buy etfs...

 

[stock_trad3r]

Quote from a529612:

Why is x2 leveraged DDM only up 0.6% today while the DJIA is up 0.7%?

Because on friday there was a discrepancy so it is compensating for it on monday.

 

[S2007S]

Quote from a529612:

Why is x2 leveraged DDM only up 0.6% today while the DJIA is up 0.7%?

I think alot had to do with the closing on Friday, I noticed the same thing as well. There were many trade imbalances after the close on Friday. I trade most Proshare ETFs and even when the Russel 2000 slipped into the RED the UWM was still trading up over $1.00. So I think alot had to do with the AH on Friday.