RE: RE: HOU/HOD trading at different %?the thing is that Tgarfield, I don't buy or sell based on NAV, I mean even what you said is correct, I think the point of the fund is to match 2X the daily % performance in terms of trading values.
All I'm seeing now is that there is an almost 4% - 5% difference in between HOU and HOD.
NAV means nothing because I don't trade on NAV, the price I buy/sell at is what I see with market values. To me, there is manipulation at the market level.