What a 3x Leveraged ETF Lost in the Nasdaq’s Worst Week
Short answer: The Nasdaq composite fell 4.5% between the October 9 and October 16, 2026 closes. A 3x leveraged ETF that reset perfectly every day would have lost about 13.1% over the same five sessions, not 13.4%. That gap is small because the week trended one way. The real damage is what comes next. The…
