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REDDIT

what is going on with this mutual fund?

S
Feb 20, 2025 · 22:46

QQQ3

Wisdomtree Nasdaq 100 3X Daily Leveraged

somebody just brought this to my attention. specifically, the 5 year return of 241%. i've looked up and down to find another mutual fund performing like this, i can't find one. i'm seeing 20-30%. i'm not sure how this fund works, but i suspect the 3X leverage is a big part of it. i'm kinda in over my head. can anybody explain this to me?