For example the QQQ (an ETF off the NASDAQ). By buying it you in effect own 1/10th of apple, 1/10th of google ect. ect. But the price fluctuates up and down irregardless of the underlying assets it represents. This confuses me greatly. AKA each of the stocks could go up 1$ but the price of the ETF may drop 4$.
Thanks!
Submitted July 17, 2017 at 11:49PM by k9thebeast http://ift.tt/2u3FpRG
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