Disclaimer: I do not own any triple leveraged ETFS.
As with many of you, I read about how these 3x leveraged ETFs outperformed your basic QQQ/SPY/VTI with greater volatility, and there were many people advocating for holding TQQQ forever. Well, it dropped from 88 to 36 (-59%) since the peak in November, down from 53 (-32%) 1 year, and down from 85 (-57%) YTD. And realistically due to compounding, if you held throughout these periods you'd be down even more so due to the daily triple compounding nature. Is anybody still holding them? What do you guys think of these products?
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