Post by
rwfresh on May 03, 2021 1:25pm
DUHHH FEES are included in NAVPU calculation for ETHX &QETH
This is a regulatory requirement.
QETH is undervalued by over 10% and will snap back to NAVPU as will ETHX. Eth price and NAV are all that drives the bid on these funds.
Buying ETHX today is overpaying.
Don't take my word for it. Spend 10 minutes figuring out how the NAVPU is calculated for each. Fees are considered in the published NAVPU for both, by law. Also take a look at the NAVPU vs Bid Price chart for QETH. What's max days QETH traded under NAV?
Tell me why ETHX is a better fund? Because 0% fees? NAVPU is all that matters as fees are considered in the calculation. So.. you are overpaying for ETHX because and exchange traded fund is better than a fund that is traded on an exchange. Got it. :)
Comment by
Cobalt on May 03, 2021 1:29pm
Close-end funds vrs ETF , game on
Comment by
ruffus23 on May 03, 2021 2:01pm
Qeth.un website has a good arbitrage graph about halfway down the page. it's updated at the end of each day. I expect will be close to 15% discount at the end of today. https://3iq.ca/the-ether-fund-qethu-qethun/
Comment by
simmmm on May 03, 2021 4:10pm
QETH.UN made 8,64% while ETHR made 18.11% today. This is a crazy difference. I dont understand how a difference this big could happen
Comment by
bligicka on May 03, 2021 6:29pm
When eth goes down qeth follows right away when it goes up no so much ....if that issue isn't resolved investors will go elsewhere.....bottom line !!!
Comment by
rwfresh on May 04, 2021 9:40am
This is not true, Just take a look at the chart and you will see this is not the case. Historically QETH front-runs the ETH price which is why historically QETH has traded at a premium.